TVS Srichakra Reports Significant Decline in Profitability for March 2025 Results
TVS Srichakra has announced its financial results for the quarter ending March 2025, revealing a challenging period marked by a significant decline in Profit After Tax to Rs 13.33 crore. The Profit Before Tax also decreased, indicating ongoing difficulties in maintaining profitability and a revised evaluation score reflecting the current financial landscape.
TVS Srichakra, a player in the Tyres & Rubber Products industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a challenging period for the company, with notable shifts in its financial metrics.The Profit After Tax (PAT) for the latest six months stands at Rs 13.33 crore, reflecting a significant decline compared to the same period last year, showcasing a year-on-year change of -75.23%. This trend suggests ongoing difficulties in maintaining profitability. Additionally, the Profit Before Tax (PBT), adjusted for other income, is reported at Rs 15.02 crore for the quarter, which represents a decline when compared to the average PBT of the previous four quarters, which was Rs 15.95 crore. This also indicates a negative trend in the near term.
In light of these results, there has been an adjustment in the evaluation of TVS Srichakra, with the score moving to -7 from -23 over the last three months. This revision reflects the current financial landscape for the company.
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