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Two major companies, TVS Srichakra and Graphite India, have released their third-quarter financial results, revealing a shift from profit to loss. Both companies have seen declining profitability, although TVS Srichakra’s revenue grew while Graphite India’s earnings declined.

TVS Srichakra Q3 Results: Profit Turns into a ₹6 Crore Loss

The tire and tubes manufacturing company TVS Srichakra reported a significant downturn in its financial performance.

  • The company moved from a ₹24 crore profit to a ₹6 crore loss.
  • Revenue, however, increased from ₹719 crore to ₹803 crore, showing growth in earnings despite losses.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) declined from ₹68.7 crore to ₹44.7 crore.
  • EBITDA margin dropped from 9.5% to 5.6%, indicating reduced operational efficiency.
  • All figures are reported on an annual basis.

Graphite India Q3 Results: ₹20 Crore Loss Reported

Graphite India, another key player in its sector, also announced disappointing quarterly results.

  • The company reported a consolidated loss of ₹20 crore, compared to a ₹18 crore profit in the previous year.
  • Revenue fell from ₹690 crore to ₹523 crore, indicating a steep decline in earnings.
  • EBITDA loss improved slightly, reducing from ₹13 crore to ₹8 crore.

Graphite India Shareholding Structure

CategoryShareholding Percentage
Promoters65.34%
Retail Investors19.67%
Domestic Investors9.93%
Foreign Investors5.06%

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