TVS Srichakra recommends dividend despite 65% profit plunge

TVS Srichakra Limited reported revenue growth of 9.8% to ₹3,022.90 crores in FY 2024-25, but profit before tax plummeted 65.01% to ₹48.61 crores. Profit after tax declined to ₹36.96 crores while earnings per share fell 64.30% to ₹48.28.

Despite the sharp profit decline, the board recommended a final dividend of ₹16.89 per equity share, totaling ₹12.93 crores.