<p>TVS Motor Company on Thursday said its consolidated net profit stood at Rs 297 crore for the first quarter ended June 30.</p>.<p>It had reported a net loss of Rs 15 crore in the Covid-19 hit April-June quarter of the last fiscal.</p>.<p>The maker of two and three-wheelers reported a total income of Rs 7,348 crore in the first quarter. It was Rs 4,692 crore a year ago.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/dh-wheels/tvs-forays-into-premium-lifestyle-segment-launches-modern-retro-motorcycle-ronin-1124374.html">TVS forays into premium lifestyle segment; launches 'modern retro' motorcycle Ronin</a></strong></p>.<p>On a standalone basis, the company reported a net profit of Rs 321 crore while the same stood at Rs 53 crore in the year-ago period.</p>.<p>The first quarter numbers were not strictly comparable with the first quarter of last year due to lockdowns, the company stated.</p>.<p>It noted that the overall two and three-wheeler sales, including exports, rose to 9.07 lakh units in the quarter ended June 2022 against 6.58 lakh units registered in the quarter ended June 2021.</p>.<p>The motorcycle sales rose to 4.34 lakh units in the June quarter compared to 4.05 lakh units in the year-ago period.</p>.<p>Similarly, scooter sales for the June 2022 quarter rose to 3.06 lakh units against 1.38 lakh units in the year-ago period.</p>.<p>TVS said it recorded the highest two-wheeler exports of 2.96 lakh units in the first quarter compared to 2.9 lakh units a year ago.</p>.<p>The company's board approved the issue of non-convertible debentures (NCDs) aggregating to Rs 125 crore on a private placement basis, it added.</p>.<p>Shares of the company closed 2.35 per cent up at Rs 869.20 apiece on the BSE.</p>
<p>TVS Motor Company on Thursday said its consolidated net profit stood at Rs 297 crore for the first quarter ended June 30.</p>.<p>It had reported a net loss of Rs 15 crore in the Covid-19 hit April-June quarter of the last fiscal.</p>.<p>The maker of two and three-wheelers reported a total income of Rs 7,348 crore in the first quarter. It was Rs 4,692 crore a year ago.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/dh-wheels/tvs-forays-into-premium-lifestyle-segment-launches-modern-retro-motorcycle-ronin-1124374.html">TVS forays into premium lifestyle segment; launches 'modern retro' motorcycle Ronin</a></strong></p>.<p>On a standalone basis, the company reported a net profit of Rs 321 crore while the same stood at Rs 53 crore in the year-ago period.</p>.<p>The first quarter numbers were not strictly comparable with the first quarter of last year due to lockdowns, the company stated.</p>.<p>It noted that the overall two and three-wheeler sales, including exports, rose to 9.07 lakh units in the quarter ended June 2022 against 6.58 lakh units registered in the quarter ended June 2021.</p>.<p>The motorcycle sales rose to 4.34 lakh units in the June quarter compared to 4.05 lakh units in the year-ago period.</p>.<p>Similarly, scooter sales for the June 2022 quarter rose to 3.06 lakh units against 1.38 lakh units in the year-ago period.</p>.<p>TVS said it recorded the highest two-wheeler exports of 2.96 lakh units in the first quarter compared to 2.9 lakh units a year ago.</p>.<p>The company's board approved the issue of non-convertible debentures (NCDs) aggregating to Rs 125 crore on a private placement basis, it added.</p>.<p>Shares of the company closed 2.35 per cent up at Rs 869.20 apiece on the BSE.</p>