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| Exchange Disseminated Time | TVS Motor Company Ltd has announced the following results for the quarter & year ended March 31, 2015:
The Standalone Results are as follows :
The Unaudited Standalone results for the Quarter ended March 31, 2015
The Company posted a net profit of Rs. 905.20 million for the Quarter ended March 31, 2015 where as the same was at Rs. 521.20 million for the Quarter ended March 31, 2014. Total Income is Rs. 24660.70 million for the Quarter ended March 31, 2015 where as the same was at Rs. 21664.10 million for the Quarter ended March 31, 2014.
The Audited results for the Year ended March 31, 2015
The Company has posted a net profit of Rs. 3478.30 million for the year ended March 31, 2015 where as the same was at Rs. 2616.30 million for the year ended March 31, 2014. Total Income is Rs. 101308.30 million for the year ended March 31, 2015 where as the same was at Rs. 79961.50 million for the year ended March 31, 2014.
The Consolidated Results are as follows :
The Audited Consolidated results for the Year ended March 31, 2015
The Group has posted a net profit after taxes, minority interest and share of profit/(loss) of associates of Rs. 3282.60 million for the year ended March 31, 2015 where as the same was at Rs. 1863.00 million for the year ended March 31, 2014. Total Income is Rs. 103353.40 million for the year ended March 31, 2015 where as the same was at Rs. 84102.50 million for the year ended March 31, 2014.
"The consolidated financial statements (CFS) for the year ended 31.03.2014 prepared in accordance with the Accounting Standards 21 & 23 include the results of three erstwhile subsidiaries viz., TVS Energy Limited, TVS Wind Energy Limited and TVS Wind Power Limited up to the date of disinvestment, namely 16th August 2013. Hence, the CFS for the year ended 31s March 2015 are not comparable with that of CFS for the previous year ended 31st March 2014." |
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