TVS Srichakra Limited has informed the Exchange regarding Change in Auditors of the company.
TVSSRICHAK · price
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The board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. Standalone revenue from operations grew to Rs. 3,022.90 crore (vs Rs. 2,754.03 crore last year), while net profit surged to Rs. 103.56 crore from Rs. 36.96 crore, with EPS rising to Rs. 135.25. The board recommended a final dividend of Rs. 16.89 per share (168.90%) on the Rs. 10 face value, payable within 30 days of AGM approval. M/s. SPNP & Associates was appointed as Secretarial Auditor for five years (FY26–FY30), and Ms. Shobhana Ramachandhran was reappointed as Managing Director for another five years effective August 25, 2025, subject to shareholder approval via postal ballot. Statutory auditors PKF Sridhar & Santhanam LLP issued an unmodified (clean) opinion on the financial results.
Strong profit growth of nearly 3x year-on-year and a healthy 169% dividend are clearly positive for shareholders. Continuity at the MD level and a clean audit opinion reinforce stability, while the headline 'Change in Auditors' refers only to a routine secretarial auditor appointment — no statutory auditor change or governance red flags.