A 52 percent drop in profit reported by TVS pushed the TVS scrip to a 52 week low. The shares of TVS shed more than 3 per cent after the announcement. TVS scrip touched a 52-week low of Rs 25.20. TVS reported a revenue of Rs 3,291 crore for the year ended March 31, 2008, down from Rs. 3,920 crore in the previous year. Its net profit down to Rs 31.77 crore compared with Rs 666 crore a year ago.Adding fuel to the fire, June sales of TVS was not impressive. The sales rose only by two per cent when Bajaj and Hero Honda reporting 8% and 16% increase in sales respectively.