TVS Holdings Q1 consolidated net up 18% to ₹481 cr.
TVS Holdings Ltd., (formerly known as Sundaram-Clayton Ltd) reported consolidated net profit for the June quarter grew by 18% from the year-earlier period to ₹481 crore.
Revenue from operations rose 9% to ₹10,476 crore, of which sale of goods and services was ₹8,740 crore and interest income was ₹1,431 crore respectively. Net gain on sale/fair value of investments was ₹40 crore against ₹76 crore. Other operating revenue remained flat at ₹264 crore.
Share of loss of associates (net) was ₹18 crore against ₹10 crore, said the core investment company in a statement.
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