TVS Srichakra Limited — Others, 27-05-2025: Change in Auditors

TVS Srichakra Limited has announced a board meeting in which it approved the financial results for the quarter and financial year ended March 31, 2025, declaring a final dividend of Rs 16.89 per share, pending shareholder approval. Standalone revenue increased to Rs 3,022.90 Cr, while net profit declined to Rs 36.96 Cr due to exceptional costs like voluntary retirement and provident fund liabilities. Consolidated revenue rose to Rs 3,253.83 Cr with net profit at Rs 20.52 Cr, influenced by exceptional expenses and fair valuation gains on investments. Capital work-in-progress rose to Rs 101.96 Cr, reflecting ongoing capacity and intangible asset investments. Net operating cash flow stood strong at Rs 240.83 Cr, supporting capex and dividends. The board proposed reappointing Ms. Shobhana Ramachandhran as Managing Director for five years, signalling leadership stability amid strategic transformation efforts focused on digitalisation and innovation.