ALPHA TRIBE

TVS Electronics LimitedBoard Meeting, 17-05-2025: Outcome of Board Meeting

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.

No comments yet. Be the first to comment!

All announcements from TVS Electronics Limited