TVS Motor Profit Rises 16%, Misses Q3 Estimates
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- TVS Motor Profit Rises 16%, Misses Q3 Estimates
However, Thomson Reuters reports had suggested an estimated profit of Rs. 168 crore in the last quarter. Even though the estimated target was not met, the sales of two-wheelers witnessed a 13.8% rise with 799,000 units being sold (including exports) in the previous quarter. Out of this, around 314,000 units were motorcycles.
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