Comments
TVS Srichakra announced that its standalone net profit increased to ₹21.92 crore from ₹7.11 crore in the fourth quarter ended March 2023. The company’s total income grew to ₹652.73 crore from ₹649.27 crore.
TVS Srichakra’s net profit for FY23 rose to ₹70.12 crore from ₹41.57 crore, while the total income climbed to ₹2,873.26 crore from ₹2,467.98 crore.
Also read: Adani Ports stock returns to pre-Hindenburg levels amid revived investor interest
The company’s board recommended a dividend of ₹32.05 per share on the face value of ₹10 per share for FY23, subject to the approval of the shareholders at the ensuing annual general meeting (AGM).
TVS Srichakra Limited manufactures tyres, tubes and rubber products.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.