TVS Srichakra Ltd 2024 AR2

The report highlights TVS Srichakra Limited's performance for the fiscal year 2023-24, during which the company achieved a standalone revenue of ’2,754.03 crores and a significant 52.20% growth in profit before tax to ’138.95 crores. The company expanded its global footprint by acquiring Super Grip Corporation in the USA and increased its production capacity in both the off-highway and two-wheeler segments. TVS Srichakra also made substantial progress in sustainability, increasing renewable power consumption at its Madurai plant to 74% and utilizing 100% biomass fuel for steam generation in its Uttarakhand plant. Additionally, the company consolidated its leadership in the domestic OEM segment, particularly in the emerging electric vehicle sector.

Company: TVS Srichakra Ltd

Sector: Consumer Discretionary

Country: India

Year: 2024

Type: AR2

Pages: 172

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TVS Srichakra Ltd

TVS Srichakra Ltd 2024 Annual Report

Annual Report

The report highlights TVS Srichakra Limited's performance for the fiscal year 2023-24, during which the company achieved a standalone revenue of ’2,754.03 crores and a significant 52.20% growth in profit before tax to ’138.95 crores. The company expanded its global footprint by acquiring Super Grip Corporation in the USA and increased its production capacity in both the off-highway and two-wheeler segments. TVS Srichakra also made substantial progress in sustainability, increasing renewable power consumption at its Madurai plant to 74% and utilizing 100% biomass fuel for steam generation in its Uttarakhand plant. Additionally, the company consolidated its leadership in the domestic OEM segment, particularly in the emerging electric vehicle sector.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Published

Aug 19, 2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees