India's TVS Motor Co Q4 profit up 31 pct, lags Street

Newswire

May 16 (Reuters) - India's TVS Motor Company Ltd posted an about 31 percent increase in quarterly profit on Wednesday, helped by higher vehicle sales at home and growth in exports, but missed analysts' estimates. Net profit came in at 1.66 billion rupees ($24.47 million) for the fourth quarter ended March 31, compared with a profit of 1.27 billion rupees a year earlier, the company said http://bit.ly/2IqzYkG. Analysts on average expected a quarterly profit of ...

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