India's TVS Motor quarterly profit jumps on strong demand
21/07/2026 09:42
India's TVS Motor quarterly profit jumps on strong demand July 21 (Reuters) - TVS Motor TVSM.NS, India's third-largest two-wheeler maker, reported a jump in quarterly profit on Tuesday as robust demand for higher-margin motorcycles helped cushion the impact of a surge in raw material costs triggered by the Iran war.
The Jupiter scooter maker's profit rose to 11.74 billion rupees ($122 million) for the quarter ended June 30, from 7.76 billion rupees a year ago.
($1 = 96.2075 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru; Editing by Mrigank Dhaniwala)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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