The firm had posted a net profit of Rs 90.18 crore for the same period of previous fiscal.

Net sales of the company rose to Rs 2,908.83 crore in the third quarter of the current fiscal, up 11.92 percent, as compared with Rs 2,598.92 crore during the same period of the previous fiscal, TVS Motor company said in a BSE filing.

During the third quarter, two-wheeler sales of the company grew by 8 percent to 6.76 lakh units from 6.27 lakh units in the corresponding quarter of the last fiscal.

Similarly, its motorcycle sales grew by 5 percent to 2.60 lakh units in the quarter under review as against 2.48 lakh units in the same period a year ago.

Scooter sales grew by 25 percent to 2.33 lakh units in the third quarter of the current fiscal as compared with 1.86 lakh units in the year-ago period.

Three wheeler sales during the quarter under review declined by 7 per cent to 26,225 units from 28,128 units in the same period last fiscal.

TVS Motor said Chennai floods and amendment to Bonus Act impacted its third quarter profit.

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