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TVS Motor Misses Q2 Profit Forecast on Weak Exports | Tech Reddy

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[ad_1] Indian two-wheeler maker TVS Motor Company Ltd reported a lower-than-expected rise in second-quarter profit on Friday, hurt by higher costs and the economic slowdown in several of its key markets. The company’s profit rose 46.8% to 4.07 billion Indian rupees ($49.51 million) in the three months ended September 30, compared with 2.78 billion rupees … Read more

India’s TVS Motor missed Q2 profit estimates on weak exports | Tech Reddy

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[ad_1] BENGALURU, Nov 4 (Reuters) – Indian two-wheeler maker TVS Motor Company Ltd ( TVSM.NS ) reported lower-than-expected growth in the second quarter on Friday, hurt by higher costs and an economic slowdown in several regions. its main markets. The company’s profit rose 46.8% to 4.07 billion Indian rupees ($49.51 million) in the three months … Read more