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TVS Srichakra Ltd. Interim / Quarterly Report 2024

Feb 13, 2024

61301_rns_2024-02-13_0d046e2b-bd92-4d4a-999c-34ed316e779c.pdf

Interim / Quarterly Report

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==> picture [196 x 69] intentionally omitted <==

REF:TSL:SEC:2024/41

13[th] February, 2024

BSE Limited P J Towers Dalal Street, Fort Mumbai 400 001

National Stock Exchange of India Ltd., 5th Floor, Exchange Plaza Bandra (E) Mumbai - 400 051

Scrip Code : 509243

Scrip Code : TVSSRICHAK

Dear Sirs,

  • Sub : Outcome of Board Meeting – Disclosure in accordance with Regulation 30, 33 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform that the unaudited financial results of the Company for the quarter and nine months ended 31[st] December, 2023 were reviewed by the Audit Committee and approved by the board of directors at their meeting held today (Tuesday, 13[th] February, 2024).

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the following:

  • Unaudited financial results (standalone and consolidated) of the Company for the quarter and nine months ended 31[st] December, 2023.

  • Limited Review Report issued by the Statutory Auditor M/s PKF Sridhar & Santhanam LLP, Chartered Accountants, Chennai on the unaudited financial results.

The board meeting commenced at 11.00 AM and concluded at 1.12 PM.

Kindly take the above on record.

Thanking you

Yours faithfully For TVS SRICHAKRA LIMITED

CHINMOY

PATNAIK

Digitally signed by CHINMOY PATNAIK DN: c=IN, o=PERSONAL, title=2992, pseudonym=c35f1d39b1ae443ea294168b8aa14c24, 2.5.4.20=db02efdf9e11d477f2af883fb3d90de2137505504ce90bcc436530 5b5429d1c6, postalCode=751020, st=Odisha, serialNumber=2b5d3e9422325f54a35c29ba1e3089f974bb51ff365897de9 b27f5775a841312, cn=CHINMOY PATNAIK Date: 2024.02.13 13:23:39 +05'30'

Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724

TVS Srichakra Limited

CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001.

==> picture [532 x 20] intentionally omitted <==

Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email: [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300

TVS � ~~'EUNDDN/P~~

TVS SRICHAKRA LIMITED

CIN: L25111TN1982PLC009414

Regd Office: TVS Building ,7-B West Veli Street,Madural - 625001

STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2023

Rs In crores e>cept EPS Rs In crores e>cept EPS Rs In crores e>cept EPS Rs In crores e>cept EPS Rs In crores e>cept EPS
Particulans
1
Income
(a)
Revenue from Operations
(b)
Other Income		 Standalone
Quaner ended
31.12.2023
30.09.2023
Unaudited
Unaudited
677.3B
704.47
2.01
0.57
Nine Months ended		 Year Ended
31.12.2022 31.12.2023 31.12.2022 31.03.2023
UnaudJted Unaudited Unaudited
Audited

699.43
0.13		 2,050.61
5.84		 2,218.14
2,865.39
2.39
7,87
Total Income(a)+(b) 679.39 705.04 699.56 2,056.45 2,220.53
2,873.26
2
(a)
(b)
(c)
(d)
(e)
(f)
(g)		 Expenses
Co5t of materials consumed
Purchases of stock-in-trade
Changes In lnventores of finished goods, work-in-progress and stock-
In-trade
Employee beneft expense
Financial costs
Depreciation and amorisation expenses
Other expenses		 371.49
0.98

3.01
81.42
9.76
25.40
156.73		 372.02
0.93
7.90
83.04
9.61
24.75
154.27






429.24
0.49
(19.99)
77.94
10.11
23.02
157.92		 1,096.89
2.21

29.38
242.32
30.63
73.3B
473,5B		 1,372.78
1,722.39
O.B8
1.14
(36.31)
(22.60)
228.82
301.34
28.01
38.40
66.04
88.44
490.33
647.37
Total expenses (sum of (a) to (g)) 68.79 652.52 678.73 1,948.39 2,150.55
2,776.48
3 Profit I (Loss) before exceptional Items and Tax (1-2) 30.60 52.52 20.83 108.06 69.98
96.78
4 Exceptional Items (Refer Note 3) 0.09 1.28 ~~.~~ 1.37 5.49
5.49
5 Profit I (Loss)before Tax (3-4) 30.51 51.24 20.83 106.69 64.49 91.29
6
(a)
(b)
(c)		 Tax lxpense
CunentTax
Current Tax (Previous years)
DeferedTax		 7.31
6.91
37.02
3.88
0.99		 19.90
8.86		 16.31
(0.02)		 18.17
(3.09)

6.09
7 Net Profit I (Loss)after tax for theperiod(5-6)
15.96
77.93
.
.
(27.19)
(19.62)
6.84
4.94		 48.20 70.12
8
(a)
(b)		 Other Comprehensive Income
Items that will not be reclassified to Statement of Profit and loss
Income tax relating to the above
Items that wiU be reelasslfled to Statement of Profit and Loss
Income tax relating to the above
1.40
(0.35)
1,69
(0.43)		 1.99
0.15
(5.63)
1.42
Other Comprehensive Income (19.16)
1.05		 (20.35)
(14.68)
1.26
49.46		 (2.07)
68.05
9 Total Comprehensive Income for the period (7+8) 3.09 38.07 (4.39)
63.25
10
11
12		 Paid-up equity share capital (Face value of Rs.10/- each)
Other Equity
Earnings Per Share(EPS)(of Rs.10 each)(not annuallxed)
Basic ( In Rs,)
Diluted ( In Rs.)		 7.66
7.66
29.05
48.35
-
29.05
48.35		 7.66
7.66
20.84
101.78
20.84
101.78		 7.66
62.92
62.92		 7.66
1,032.70
91.58
91.58

TVS Srichakra Limited

GIN: L25111TN1982PLC009414

Regd. Office: TVS Building, 7-B West Veli Street, Madurai 625 001.

Tel: +91 0452 2356400. Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - [email protected] Manufacturing Unit: Vellaripatti, MelurTaluk, Madurai - 625 122. Tel: +91 452 2443300

==> picture [526 x 20] intentionally omitted <==

TVS EUNDGN/P .. 'Y

Notes:

  1. The above unaudited standalone financial results of the Company for the quarter and nine months ended December 31, 2023 have been prepared in accordance with the Indian Accounting Standards (INDAS) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. These results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their Meeting held on February 13, 2024. The Statutory Auditors of the Company have carried out the limited review of the results for the period ended December 31, 2023.

2. The Company's business activity falls within a single reportable business segment, viz, Automotive Tyres, Tubes and Flaps.

  1. Exceptional item: Company has a Voluntary Retirement Scheme for its employees. Under this scheme, the company has spent Rs.1.37 Crores during the nine months ended December 31 2023. (Rs. 5.49 Crores for the year ended 31st March 2023).

  2. The previous year figures have been regrouped / rearranged to conform to current period classification.

  3. The Company through its newly formed subsidiary in USA acquired a business on 2nd November 2023 under the Name Super Grip Corporation to grow its global Off-Highway tyre business.

BY ORDER OF THE BOARD

Place : Madurai

Date : 13-02-2024

Digitally signed by SHOBHANA RAMACHANDHRAN DN: c=IN, o=PERSONAL, title=7462, SHOBHANA pseudonym=d15569f841d4457a80448b05651e9103, 2.5.4.20=73798024556241c8bbbf6dec921092f2081facef1797cfd773c RAMACHANDHRAN 3070452843bd3, postalCode=625002, st=Tamil Nadu, serialNumber=dde029c2e70622c194d73ddbf098e5f7c47bc7e8d86855299659e197fb2c3879, cn=SHOBHANA RAMACHANDHRAN Date: 2024.02.13 13:18:51 +05'30'

MANAGING DIRECTOR

TVS Srichakra Limited

==> picture [520 x 20] intentionally omitted <==

CIN: L25111TN1982PLC009414 Regd. Office: lVS Building, 7-B West Veli Street, Madurai 625 001. Tel: +91 0452 2356400. Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai - 625 122. Tel: +91 452 2443300

PKF SRIDHAR & SANTHANAM LLP Chartered Accountants

Independent Auditor’s Review Report on review of Interim standalone financial results

To the Board of Directors of TVS Srichakra Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results (“the Statement”) of TVS Srichakra Limited (“the Company”), for the quarter and nine months ended 31[st] December 2023, being submitted by the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘’Listing Obligations’’).

Management’s Responsibility

2. This Statement which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.

Auditor’s Responsibility

3. Our responsibility is to issue a report on the Statement based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410 ‘Review of Interim Financial Information performed by the Independent Auditor of the Entity’ , issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Conclusion:

4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Obligations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For PKF Sridhar & Santhanam LLP

Chartered Accountants Firm’s Registration No. 003990S/S200018 T V Balasubramanian Partner Membership No. 027251 Place: Madurai Date: 13[th] February 2024 UDIN: 24027251BKDHFC1968

91/92, VII Floor, Dr.Radhakrishnan Road, Mylapore, Chennai- 600004, India Tel: +91 44 28112985 – 88 Fax: +91 44 28112989 Email: [email protected] Web: www.pkfindia.in

TVS EUNDGN/P .. Y

TVS SRICHAKRA LIMITED

CIN: L25111TN1982PLC009414

Regd Olflco: TVS Building ,7-B West Yell Street,Madural • 625001

STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2023

Rs in crores except EPS Rs in crores except EPS Rs in crores except EPS Rs in crores except EPS Rs in crores except EPS
Consolidated
Nine months ended
Year Ended
Pariculars 31.12.2023 Quarter ended
30.09.2023 31.12.2022
31.12.2023		 31.12.2022 31.03.2023
Unaudited Unaudited Unaudited
Unaudited		 Unaudited Audited
1
(a)
(b)		 Income
Revenue from Operatios
Other lncom&		 718.85
1.59
739.65
0.70		 731.26
2,160.70
0.19
5.55		 2,302.12
3.57		 2,984.97
9.17
Total lncomo(a)+(b) 720.4 740.35 731.45
2,166.25		 2,305.69 2,994.14
2
(a)
(b)
(c)
(d)
(a)
(f
(g)		 Expenses
Cost of materials consumed
Purchasos of stock-in-trade
Changes In lnvantorQS of finished goods, work-inprogress and
stock-intrade
Employee benefts expense
Finance costs
Depreciation and amortisation expenses
Other expenses		 3
1		 88.62
6.59
2.06
90.26
10.19
26.52
62.94		 388.66
2.84
8.63
88.23
10.10
25.71
160.68		 447.01
1,149.56
1.11
10.62
(21.6)
26.19
82.34
261.31
10.42
32.06
23.74
76.32
162.60
493.41		 1,419.49
1,789.12
3.17
4.18
(39.50)
(24.92)
241.71
318.94
28.77
39.63
68.20
91.54
503.59
668.72
Total eKpenscs (sum of (a) to (9))
Proft/ (Loss) before exceptional Homs and Tax (1-2)		 6 87.18 705.5 8
2,049.47		 2,225.43
2,887.21
3 25.6 7
116,78		 80.26
106.93
5.49
5.49
4 Exceptional ltoms (Refer Note 4) 0.09
1.28
33.17
54.22		 25.8 1.37
5 Proft/ (Loss}bofora tax (3-4) 7
115.41		 74.77
101.44
6
(a)
(b)
(c)		 Tax Expense
Current Tax
Current Tax (Previous Years)
Deferred Tax
Net Proft/ (Loss)after taK for the period (!-6)		 8.65
8,61
0.49
6.56		 4.8
1.4
19.5		 4
23.34
9
8.03
4
84.04		 16.30
20.58
(3.09)
0.97
6.13
55.50
77.82
7 24.03
39.05
8 Share of proft/ (Loss) from Joint Venture
9 Proft/ (Lou) After TaK, Non-Controlling Interests and sha
proft(loss)from Joint venture(7+8)		 re of 24.03
39.05		 19.5 4
B4.04		 55.50
77.82
Attributable to:
a. Owners of the Group
b. Non-Controlling interests		 24.10
39.12
(0.07)
(0.07)		 19.57
84.17
(0.03)
(0.13)		 55.62
77.99
(0.12)
(0.17)
10
(a)
(b)		 Other Comprehensive lncome(net of tax)
Items that will not be reclassified to Statement of Profit a
Income tax relating to the above
Items that will be reclassifed to Statement of Proft and
lncom& tax r&latlng to th& above		 nd loss
Loss		 .
.
.
.
(25.60)
1.40
6.4
(0.35)
(27.19)
(19.62)
6.84
4.94		 192
0.17
1.69
(5.63)
(0.43)
1.42
Other Comprehensive Income (19.16)
1.05		 (20.35) (14.68) 1.26
(2.12)
Attributable to:
a. Owners of the Group
b. Non-Controlling interests		 (19.16)
1.05
-		 (20.35)
.		 (14.68)
.		 1.26
(2.12)
-
11 Total Comprehensive Income for the perio
(9+10)		 4.87 40.10 (0.81) 69.36 56.76 75.70
Attributable to:
a� Owners of tho Group
b. Non-Controlling interests		 4.94
40.17
(0.07)
(0.07)		 (0.78)
(i.DJ)		 69.49

(0.13)		 56.88

(D.12)		 75.87

(D.17)
12
13
14
 P aid-up equity share capital (Face value of Rs.1OJ- each)
Other Equity
Earnings Per Share (EPS) (of Rs.10 each)(not annualized)
Basic ( In Rs.)
DIiuted ( In Rs.>
 7.66
7.6
31.47
51.
31.47
51.0		 6
09
9		 7.66
7.66
25.55
109.92
25.55
109.92		 7.66
72.61
72,61		 7.66
1,026.52
101.85
101.85

TV :, ::mcn ~~a Kra Lm1teo~~

CIN: L25111TN1982PLC009414

Regd. Office: TVS Building, 7-B West Veli Street, Madurai 625 001.

Tel: +91 0452 2356400. Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai - 625 122. Tel: +91 452 2443300

==> picture [525 x 19] intentionally omitted <==

TVS EUNDGN/P "1,,'Y

Notes:

  1. The above unaudited consolidated financial results of the Company and its subsidiaries ("the Group") for the quarter and nine months ended December 31, 2023 have been prepared in accordance with the Indian Accounting Standards (INDAS) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended.

  2. The above unaudited consolidated financial results of the Group, for the quarter and nine months ended December 31, 2023 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their Meeting held on February 13, 2024. The Statutory Auditors of the Holding Company have carried out a limited review of the results for the quarter and period ended December 31, 2023.

  3. The Holding Company"s and one subsidiary's business activity falls within a single reportable business segment, viz, Automotive Tyres, Tubes and Flaps. The other subsidiaries• revenue and assets do not meet the criteria for reportable segment as prescribed in IND AS. Non reportable segments have not been disclosed as unallocated reconciling item in view of their not being material.

  4. Exceptional item: Holding Company has a Voluntary Retirement Scheme for its employees. Under this scheme, the Holding company has spent Rs.1.37 Crores during the nine months ended December 31 2023. (Rs. 5.49 Crores for the year ended 31st March 2023).

  5. The previous year figures have been regrouped / rearranged to conform to current period classification.

  6. The Holding Company through its newly formed subsidiary in USA acquired a business on 2nd November 2023 under the Name Super Grip Corporation to grow its global Off­ Highway tyre business.

BY ORDER OF THE BOARD

Place : Madurai Date : 13-02-2024

Digitally signed by SHOBHANA RAMACHANDHRAN DN: c=IN, o=PERSONAL, title=7462, SHOBHANA pseudonym=d15569f841d4457a80448b05651e9103, 2.5.4.20=73798024556241c8bbbf6dec921092f2081facef1797cfd773c30704 52843bd3, postalCode=625002, st=Tamil Nadu, serialNumber=dde029c2e70622c194d73ddbf098e5f7c47bc7e8d868552996 RAMACHANDHRAN 59e197fb2c3879, cn=SHOBHANA RAMACHANDHRAN Date: 2024.02.13 13:20:54 +05'30'

MANAGING DIRECTOR

TVS Srichakra Limited

CIN:L25111TN1982PLC009414 Regd. Office: lVS Building, 7-B West Veli Street, Madurai 625 001. Tel: +91 0452 2356400. Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - [email protected] Manufacturing Unit: Vellaripatti, Melur Tal uk, Madurai - 625 122. Tel: +91 452 2443300

==> picture [521 x 20] intentionally omitted <==

PKF SRIDHAR & SANTHANAM LLP Chartered Accountants

Independent Auditor’s Review Report on review of Interim consolidated financial results

To the Board of Directors of TVS Srichakra Limited

  1. We have reviewed the accompanying unaudited Statement of Consolidated Financial Results (“the Statement”) of TVS Srichakra Limited (“the Holding Company”) and its subsidiary companies (the Holding Company and its subsidiary companies together referred to as “the Group”) for the quarter and nine months ended 31[st] December 2023, being submitted by the Holding Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).

Management’s Responsibility

2. This Statement which is the responsibility of the Holding Company’s Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.

Auditor’s Responsibility

  1. Our responsibility is to express a conclusion on the Statement based on our review.

We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular No. CIR/CFD/CMD1/44/2019 issued by the SEBI under Regulation 33 (8) of the Listing Regulations, as amended, to the extent applicable.

Conclusion

  1. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Obligations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

91/92, VII Floor, Dr.Radhakrishnan Road, Mylapore, Chennai- 600004, India Tel: +91 44 28112985 – 88 Fax: +91 44 28112989 Email: [email protected] Web: www.pkfindia.in

PKF SRIDHAR & SANTHANAM LLP Chartered Accountants

Other Matter

  1. The Statement includes the results of the following subsidiary companies:

TVS Srichakra Investments Limited TVS Sensing Solutions Private Limited Fiber Optic Sensing Solutions Private Limited Supergrip Corporation, USA (with effect from 2[nd] November 2023)

  1. The Statement includes reflect total revenues of Rs. 9.54 Crores and Rs. 9.54 Crores, total profit after tax of Rs. Nil Crores and Rs. Nil Crores and total comprehensive income of Rs. Nil Crores and Rs. Nil Crores for the quarter and nine months ended 31[st] December 2023, respectively, as considered in the consolidated unaudited financial results, in respect of one subsidiary, based on its interim financial information which have not been reviewed by its auditor and we have relied upon the interim financial information certified by the Holding Company’s management. According to the information and explanations given to us by the Management, this interim financial information are not material to the Holding Company.

For PKF Sridhar & Santhanam LLP

Chartered Accountants Firm’s Registration No. 003990S/S200018 T V Balasubramanian Partner Membership No. 027251 Place: Madurai Date: 13[th] February 2024 UDIN: 24027251BKDHFD4481

91/92, VII Floor, Dr.Radhakrishnan Road, Mylapore, Chennai- 600004, India Tel: +91 44 28112985 – 88 Fax: +91 44 28112989 Email: [email protected] Web: www.pkfindia.in

TVS ~~YUNDDN/P~~ "J,

TVS SRICHAKRA LIMITED

CIN : L25111TN1982,PLC009414

Regd Office : TVS Building, 7-B West Veil Street, Madurai 625001 EXTRACT OF STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2023

Rs in Crores except EPS
Standi onv
Quarter Ended
Nine Months
,2023
dited
77,38
30,60
30.51
22.25
3.09
7.66
29.05
29.05
ended
31.12.2022
31.12.2023
Unaudited
Unaudited
699.43
2,050.61
20.83
108.06
20.83
106.69
15.96
77.93
-4.39
63.25
7.66
7.66
20.84
101.78
20.84
101.78
Consolidated
Quarer Ended
Nin Months
Year ended
Year ended
end&d
31,03,2023
31,12,2023
31.12.2022
31.12.2023
31.03.2023
Audited
Unaudited
Unaudited
Unaudited
Audited
2865.39
718.85
731.26
2,160.70
2,984.97
96.78
33.28
25,87
116.78
106.93
91.29
33.17
25.87
115.41
101.44
70.12
24.03
19.54
84.04
77.82
68.05
4.87
(0.81)
69.36
75.70
7,66
7.66
7.66
7.66
7.66
1,032.70
1,026.52
91.58
31.47
25.55
109.92
101.85
91.58
31.47
25.55
109.92
101.85


3



8		 Standi onv

Particulars
31.12
Unau
1Revenue from Oprations
6
2Net Prolt(lo••) for the period
Items)
(before tax, Exeeptlonal


Net
Proft/(Loss)
Exceptional Items)
for
the
P4riod
before
tax
(after

4Net Proftl(Loss) for the period afer tax (after Exceptional

items)"
Total Comprehensive Income fol the poriod(after Tax)
[Comprising Profit/(LoH) for the period (aftertax) and
Othar Comprehensive Income (after tax,i "
6Equity Share Capital ( Face value of Rs.10f· Each)
7Other Equity (as shown In the audited Balance Sheet of
previous year)
Earnings Per Share(EPS)(of Rs.10 each)(not annualiHd)
- Basic ( In Rs,)

- Diluted ( inRs.)
 Particulars Quarter Ended
Nine Months
,2023
dited
77,38
30,60
30.51
22.25
3.09
7.66
29.05
29.05
ended
31.12.2022
31.12.2023
Unaudited
Unaudited
699.43
2,050.61
20.83
108.06
20.83
106.69
15.96
77.93
-4.39
63.25
7.66
7.66
20.84
101.78
20.84
101.78

*** Including Profit/(Loss) attributable to Non•Controlling intenu•h**

Note:

The above is an ext,act of the detailed format of Quarterly and Year to date financial results filed with Stock Exchanges undo-r Regulation 33 of tho SEBI (Ustlng Oblllgatlons and Di5clo5uro Requirements) Regulation, 2015. The Full format of the Quarterty and Year to date financial re5ul(5 aro avallablo in tho websites of the Stock Exchange (BSE : www.bselndia.com) & (NSE: ww .nselndla.com) and Company•• website(www.hseurogrip.com)

Place: Madurai Data: 13-02·2024

BY ORDER OF THE BOARD SHOBHANA RAMACHANDHRAN Digitally signed by SHOBHANA RAMACHANDHRAN DN: c=IN, o=PERSONAL, title=7462, pseudonym=d15569f841d4457a80448b05651e9103, 2.5.4.20=73798024556241c8bbbf6dec921092f2081facef1797cfd773c3070452843bd3, postalCode=625002, st=Tamil Nadu, serialNumber=dde029c2e70622c194d73ddbf098e5f7c47bc7e8d86855299659e197fb2c3879, cn=SHOBHANA RAMACHANDHRAN Date: 2024.02.13 13:22:04 +05'30' MANAGING DIRECTOR

TVS Srichakra Limited

CIN:L25111TN1982PLC009414

Regd. Office: TVS Building, 7-B West Veli Street, Madurai 625 001.

Tel: +91 0452 2356400. Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email - [email protected] Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai - 625 122. Tel: +91 452 2443300

==> picture [419 x 17] intentionally omitted <==

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