TVS Srichakra Limited — Board Meeting, 27-05-2025: Outcome of Board Meeting

TVS Srichakra has announced a board meeting on which approved the consolidated financial results for the quarter and year ended March 31, 2025. Revenue grew to Rs 3,254 Cr from Rs 2,926 Cr a year ago, but net profit plunged to Rs 20.5 Cr from Rs 107.8 Cr due to exceptional costs like a voluntary retirement scheme and provident fund liabilities. The board proposed a strong final dividend of Rs 16.89/share and plans to re-appoint Managing Director Shobhana Ramachandhran for another five years, pending shareholder approval. A new secretarial auditor was also appointed for five years.