TVS Motor Company is trading higher by 4% at Rs 34.85 after reporting 31% year-on-year (y-o-y) rise in fourth quarter net profit at Rs 57.23 crore, on back of other income and lower tax outgo.

TVS Motor Company today reported 31.02% increase in its standalone net profit for the quarter ended March 31 at Rs 57.23 crore, mainly due to lower tax expenses.

TVS Motor and Sundaram Clayton Limited (SCL), part of the $5 billion TVS Group, together are planning to invest around Rs 770 crore in their facilities at Hosur, near Bangalore, in Tamil Nadu.

TVS Motor and Sundaram Clayton Limited (SCL), part of the $5-billion TVS Group, together are planning to invest around Rs 770 crore in their facilities at Hosur in Tamil Nadu.

Chennai-based TVS Motor Company today reported 4% increase in sales for April at 174,455 units.

Two-wheeler manufacturer TVS Motor Company has signed an MoU with Central Bank of India to offer loans for its three wheeler TVS King at all 4,000 branches.

The heat is rising for TVS Motor Company, India’s third largest two-wheeler maker, as the competitive landscape in expected to worsen.

For the entire 2011-12 fiscal, the company's total sales jumped 7.41% to 21,98,142 units from 20,46,541 units in the previous fiscal, TVS Motor Company said in a statement.

TVS Group has acquired a majority stake in UK-based distributor of commercial vehicle parts and accessories, Universal Components, with a total investment of Rs 100 crore. The acquisition was funded through internal accruals.

Manufacturers of two and three-wheelers and commercial vehicles have wasted no time in passing on the excise duty increase to the market.

TVS Motor has shed 3% at Rs 44.9 as the Chennai-based two-wheeler maker reported 3% decline in its total vehicle sales in February and three-wheeler sales plunging by over 27%.

TVS Motor Company reported five per cent growth in total sales in January 2012 to 173,514 units as against 165,152 units in the same period last year.

Chennai-based two-wheeler maker TVS Motor Company today reported 5.06% increase in its total vehicle sales in January at 173,514 units.

Two-wheeler major TVS Motor Company today reported 1.40% rise in standalone net profit for the quarter ended December 31, 2011, at Rs 56.53 crore.

TVS Motor’s and Singapore-based Universal Success’ upcoming manufacturing unit at Uluberia would see major capacity expansion over the next five years.

The company that has earmarked a capex of Rs 125 crore for 2012-13 is also mulling to increase its overall production capacity to about 32 lakh units annually by 2013-14, for which it may invest an additional sum of up to Rs 160 crore.

The scrips of leading two-wheeler makers fell three-six per cent over the last two days on a disappointing volume performance in December and a slowing growth outlook. The benchmark Sensex gained three per cent during the same period.

Chennai-based two-wheeler maker TVS Motor Company today reported a marginal fall in total vehicle sales for December 2011 at 1,70,428 units.

TVS Motor Company has plunged 10% to Rs 46.90 on the National stock exchange (NSE).

Chennai-based two-wheeler maker TVS Motor Company today reported a 11.78% increase in its total vehicle sales in November at 1,75,535 units.