TVS Motor, the flagship company of the $4-billion TVS Group, has registered a marginal drop in its net profit for the year ended March 31, 2009 which stood at Rs 31.08 crore as compared to Rs 31.77 crore, a year ago.

However, company's total revenue has been increased to Rs 3,741.18 crore for the year ended March 2009, compared to Rs 3,310.35 crore.

During the year, the company has reported a 5% growth in sales which stood at 13.42 lakh units against 12.77 lakh units, a year ago. Out of which, motorcycles accounted for 6.45 lakh units against 6.10 lakh units in the year 2007-2008, while scooters accounted for 2.59 lakh units, compared with last year figure of 2.58 lakh units.

The company reported a growth of 44% in its exports, which increased to 1.95 lakh units in 2008-2009 from 1.36 lakh units in 2007-08.

Apart from announcement of results, the company has announced an interim dividend of 70 paise per share of Re. 1 each.