India two-wheeler TVS Motors’ profit grows 24% in FY 2015-16  [ India ]

In a regulatory filing for the stock exchange, TVS Motors reported growth of 24% in its profit after tax for fiscal year 2015-16 of INR 4.3 billion versus INR 3.5 billion last year. Its total revenue increased 12% from INR 100.4 billion in fiscal year 2015 to INR 112.4 billion in fiscal year 2016. Profit before tax also grew by 24% to INR 5.7 billion. In the 2016 financial year, TVS sold 2.7 mi...