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TVS Srichakra consolidated net profit declines 77.11% in the March 2022 quarter

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Capital Market

Sales rise 10.69% to Rs 666.33 crore

Net profit of TVS Srichakra declined 77.11% to Rs 8.02 crore in the quarter ended March 2022 as against Rs 35.03 crore during the previous quarter ended March 2021. Sales rose 10.69% to Rs 666.33 crore in the quarter ended March 2022 as against Rs 601.99 crore during the previous quarter ended March 2021.

For the full year,net profit declined 41.19% to Rs 43.47 crore in the year ended March 2022 as against Rs 73.92 crore during the previous year ended March 2021. Sales rose 30.37% to Rs 2528.20 crore in the year ended March 2022 as against Rs 1939.21 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales666.33601.99 11 2528.201939.21 30 OPM %5.1913.19 -6.6011.79 - PBDT30.6576.21 -60 141.70201.81 -30 PBT14.1145.95 -69 61.8998.00 -37 NP8.0235.03 -77 43.4773.92 -41

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First Published: May 25 2022 | 3:14 PM IST

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