TVS Srichakra Reports ₹8.03 Billion Revenue, Posts ₹59.7 Million Net Loss in Q3 FY25

TVS Srichakra Ltd reported consolidated revenue of ₹8.03 billion for the December 2024 quarter, reflecting steady operational performance. However, the company posted a net loss of ₹59.7 million due to rising raw material costs and subdued demand in key markets. The tire manufacturer is focusing on cost optimization and expanding its product portfolio to counter market challenges. Despite the loss, TVS Srichakra remains optimistic about long-term growth, driven by increasing demand for two-wheeler and commercial vehicle tires.

 

Sources: Moneycontrol, Capital Market, ICICI Direct, Trendlyne