TVS Motor Q2 net down 22.28 pc, interim dividend at 70 pc

Mumbai, Oct 26 (UNI) TVS Motor Company has posted a net profit of Rs 24.83 crore for the quarter ended September 30, 2006 as compared to Rs 31.95 crore for the quarter ended September 30, 2005, a fall of 22.28 per cent.

Announcing the results, the company said its total income has increased from Rs 815.36 crore for the quarter ended September 30, 2005 to Rs 1088.75 crore for the quarter ended September 30, 2006.

Further the Company has informed that the board has declared an interim dividend of Rs 0.70 per share on 23,75,43,557 equity shares of Rs 1/- each.

UNI SN ADG SKB1714