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
TVS Srichakra Ltd
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