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TVS Srichakra Ltd Q4FY24; 9% rise in Profits

TVSSC belongs to the TVS group of companies. The company is a leading manufacturer of 2W tyres in India and caters to both OEMs and aftermarket segments, and also manufactures OHT for the domestic and export markets. The company has two manufacturing plants, one each in Madurai in Tamil Nadu and Rudrapur in Uttarakhand.

Financial Results:

TVS Srichakra Ltd reported Revenues for Q4FY24 of ₹765.00 Crores up from ₹683.00 Crore year on year, a rise of 12.01%.

Total Expenses for Q4FY24 of ₹729.00 Crores up from ₹662.00 Crores year on year, a rise of 10.12%.

Consolidated Net Profit of ₹24.00 Crores up 9.09% from ₹22.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹31.06, up 6.33% from ₹29.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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