UPDATE 1-India's TVS Motor Q1 net races ahead on new bike


(Adds company chief's, analyst's quotes; details) By Suresh Seshadri MADRAS, India, July 29 (Reuters) - TVS Motor Co Ltd, India's third-largest motorcycle maker, reported on Monday its April-June profit leapt 149 percent from a year earlier, helped by rising sales of a new bike and cost cuts. Net profit rose to 267.8 million rupees ($5.5 million) from 107.6 million rupees and compared with the average estimate of 272 million rupees in a Reuters poll of three analysts. Net sales of ...

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