RPT-India's TVS Motor Q1 net seen doubling

Newswire

(Repeating story that was initially transmitted on Saturday) By Suresh Seshadri MADRAS, India, July 29 (Reuters) - TVS Motor Co Ltd, India's third-largest motorcycle maker is expected to report on Monday profit surged 153 percent last quarter from a year earlier, as it accelerated cost cuts and revved up sales of a new bike. Sales at the Madras-based TVS Motor, which was till last year a joint venture partner of Japan's Suzuki Motor Corp , are forecast to rise 57 percent year-on-year ...

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