TVS Electronics Limited — Board Meeting, 17-05-2025: Outcome of Board Meeting
17-05-2025 | 06:52 pm
17-05-2025 | 06:52 pm
TVS Electronics has announced a board meeting on which it approved the audited financial results for the quarter and year. Consolidated revenue rose to ₹430.50 Cr from ₹366.04 Cr last year, but the company posted a net loss of ₹3.79 Cr compared to a ₹0.27 Cr profit previously. Higher finance costs (₹5.36 Cr) and rising expenses weighed on EBITDA. The board scheduled the 30th AGM for August and will appoint M/s. V. Suresh Associates as Secretarial Auditors for five years starting FY26. Amalgamation with TVS Investments Pvt Ltd is pending final tribunal approval.
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