chennai riding on improved domestic sales and exports tvs motor company saw its q2 net profit increase 202 to rs 21316 crore this fiscal up from rs 17739 crore last q2 the companys profit before tax rose nearly 27 to rs 29679 crore in the second quarter of 201718 from rs 23404 crore in the year ago period the company declared an interim dividend of rs 2 per share 200 for the year 201718 absorbing rs 11436 crore including dividend distribution taxrevenue growth was top gear too growing 182 excluding excise duty gst to hit rs 409799 crore in the quarter ended september 2017 from rs 346569 crore in the year ago period the tvs stock rose 038 to close at rs 135010 on the bse on wednesday in q2 twowheeler sales including exports grew 161 to 923 lakh units from 795 lakh units in the year ago period motorcycles sales grew 99 to 365 lakh units from 332 lakh units last q2 scooter sales increased to 328 lakh units from 229 lakh units up 432 tvs exported 148 lakh units of two and threewheelers this q2 as against 112 lakh units in the second quarter of 201617 up 321 three wheeler sales jumped nearly 24 to 25248 units as against 20401 units in the second quarter of 201617tvs motor also announced the appointment of k gopala desikan as group cfo of both itself and group companies desikan was executive vp finance of sundaramclayton before this assignment he succeeds sg murali who retired in september a tvs oldtimer desikan has been with the company for the last 28 years and has handled various functions which include direct taxation treasury risk management ma activities corporate finance and various accounting functions both at corporate and plant level he is also involved in the strategic initiatives of the groups international business and long range planning