TVS Srichakra standalone net profit declines 44.11% in the March 2019 quarter

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Sales rise 4.89% to Rs 579.89 crore
Net profit of TVS Srichakra declined 44.11% to Rs 16.03 crore in the quarter ended March 2019 as against Rs 28.68 crore during the previous quarter ended March 2018. Sales rose 4.89% to Rs 579.89 crore in the quarter ended March 2019 as against Rs 552.85 crore during the previous quarter ended March 2018.For the full year,net profit declined 12.28% to Rs 103.17 crore in the year ended March 2019 as against Rs 117.61 crore during the previous year ended March 2018. Sales rose 10.66% to Rs 2381.76 crore in the year ended March 2019 as against Rs 2152.25 crore during the previous year ended March 2018.
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First Published: May 24 2019 | 4:30 PM IST