TVS Srichakra has launched new Steel Belted Agro Industrial Radial Tyres at The Tire Cologne 2024 - one of the world`s foremost trade fairs for the tyre industry. The tyre major displayed its flagship products at Hall 6.1 Booth: C050-C054 in the three-day event held in Cologne, Germany. The newly launched Steel Belted Agro Industrial Radial Tyre is the first such product in this segment and has been designed for use predominantly in telescopic handlers, compact wheel loaders and backhoe loaders engaged in both agricultural and industrial applications. Two sizes out of the three available were displayed - 460/70R24 for telehandlers and 340/80R18- for backhoe loader front axle application.In the two-wheeler segment, Bee Connect, Roadhound and Protorq Extreme were showcased. While Bee Connect range has best in category scooter tyres for everyday urban riding, Roadhound is a high performance tyre for sport touring with quadrazone technology. Protorq Extreme is Eurogrip`s steel belt radial - a sporty tyre for both track and road use. The off-road range includes Climber XC, Climber XC-R and Climber MX Junior, covering the needs of Motocross and Enduro riders. Soon-to-be-launched: Trail Road range, comprising Trailhound SCR and Trailhound STR were also displayed.Powered by Capital Market - Live News

Eurogrip Tyres inaugurated its first branded retail store in Velachery, Chennai. The one-stop solution store is specially designed to caterto all aspects of tyre care, allied services and 2-wheeler riders` requirements.The retail store will have the entire range of tyre patterns and tubes from Eurogrip Tyres. Eurogrip has partnered with TVS Racing for riding accessories and merchandise such as helmets, knee protectors,jackets, and gloves that are available for purchase to customer. The store will also retail 2-wheeler lubricants from brand Veedol.Powered by Capital Market - Live News

Net profit of TVS Srichakra rose 6.30% to Rs 23.78 crore in the quarter ended March 2024 as against Rs 22.37 crore during the previous quarter ended March 2023. Sales rose 12.07% to Rs 765.30 crore in the quarter ended March 2024 as against Rs 682.85 crore during the previous quarter ended March 2023.For the full year,net profit rose 38.42% to Rs 107.95 crore in the year ended March 2024 as against Rs 77.99 crore during the previous year ended March 2023. Sales declined 1.98% to Rs 2926.00 crore in the year ended March 2024 as against Rs 2984.97 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales765.30682.85 12 2926.002984.97 -2 OPM %10.098.09 -10.147.67 - PBDT65.6950.01 31 258.79198.47 30 PBT38.1826.67 43 154.96106.93 45 NP23.7822.37 6 107.9577.99 38 Powered by Capital Market - Live News

TVS Srichakra announced that the Board of Directors of the Company at its meeting held on 11 May 2024, has recommended a Final dividend of Rs.47.34 per share (i.e.473.4%), subject to the approval of the shareholders.Powered by Capital Market - Live News

TVS Srichakra will hold a meeting of the Board of Directors of the Company on 11 May 2024.Powered by Capital Market - Live News