TVS Electronics Limited has informed the Exchange regarding Appointment of M/S V. Suresh Associates as Secretarial Auditors of the Company w.e.f. April 01, 2025. for the first term of 5 consecutive years, subject to shareholders approval
TVSELECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TVS Electronics' board approved audited FY25 results with an unmodified opinion from statutory auditor Guru & Jana. Total revenue from operations grew to ₹43,050 lakhs from ₹36,604 lakhs in FY24, a rise of about 17.6%, driven by both Products & Solutions and Customer Support Services segments. However, the company swung to a net loss of ₹379 lakhs versus a profit of ₹27 lakhs in FY24, with Q4 also slipping to a ₹57 lakhs loss. Profitability was hit by a ₹9 crore charge for new initiatives in existing segments and finance costs nearly tripling to ₹536 lakhs from ₹196 lakhs. Operating cash flow remained negative at ₹(887) lakhs, though much improved from ₹(4,100) lakhs last year. Additionally, M/s. V. Suresh Associates was recommended as Secretarial Auditor for a first term of five years (FY26–FY30), subject to shareholder approval, and the 30th AGM was scheduled for August 13, 2025.
Revenue growth is healthy, but the shift into a net loss, sharply higher interest costs, and continued negative operating cash flow are negatives for shareholders. The losses partly reflect deliberate investment in new initiatives, but investors should watch whether the revenue momentum translates back into profits and positive cash generation.