TVS Srichakra October-December net profit up threefold at Rs 36 crore

TVS Srichakra Ltd has reported a near threefold on-year jump in consolidated net profit for the December quarter to 362.7 mln rupees. Revenue from operations rose 12.4% from a year ago to 5.73 bln rupees. Sequentially, the net profit fell 9%, while revenue rose 3.7%. Other income for the quarter fell 86.7% on year to 4.9 mln rupees.