TVS Srichakra Limited. Q4 results show revenue fell from 731.45 to 688.45 crores, a 5.88% decrease in growth. EPS also rise from ₹25.55 to ₹29.22, up by 14.36%.
First, Let’s Begin with Quarter-on-Quarter Basis:
TVS Srichakra Ltd. shared its Q4 results on Tuesday. They earned 688.45 crores in revenue this quarter, but that’s less than the 731.45 crores they made last quarter. Unfortunately, the company’s growth decreased by 5.88 percent when comparing the two quarters.
In terms of profits, TVS Srichakra Ltd’s PAT (Profit After Tax) for this quarter was 22.37 crores, up from 19.57 crores in the previous quarter. Their quarter-to-quarter growth inclined by 14.31 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹29.22, which is an increase of 14.36% from the ₹25.55 EPS in the previous quarter.
Also read: ” Somany Ceramics Q4FY23 Results: Consolidated PAT of Rs 24.32 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 2994.14 crores this year (2023), which is 17.45 percent higher than last year’s total revenue of 2549.36 crores.
This year’s PAT (Profit After Tax) is 77.99 crores, which is also 79.41% higher than last year’s PAT of 43.47 crores.
The EPS (Earnings Per Share) for this year is ₹101.85, which is 79.44% more than the EPS of ₹56.76 earned last year.
TVS Srichakra Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹32.05 per Equity Share of Face Value of ₹10 for each of the Company (320.50% of Face Value). Total Dividend for FY23 stood at ₹16.30 per Equity Share (Interim Dividend of ₹10 per Equity Share)
Dividend | Record Date |
₹32.05 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About TVS Srichakra:
TVS Srichakra, a subsidiary of the TVS group, which is the largest auto ancillary group in India, holds the prestigious position of being the number one manufacturer of motorcycle tires. They are a leading producer of tires and tubes for two and three-wheelers in India, offering a wide range of products. Additionally, they have an extensive lineup of off-the-road tires catering to both domestic and international markets.
Download Full PDF Q4 Results of TVS Srichakra: Click Here
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