Shares of TVS Electronics Ltd declined 4.72% on Friday, following the company’s announcement of its Q3FY25 financial results.
The company reported net sales of ₹100 crore, reflecting a 15.02% YoY increase from ₹86.94 crore in December 2023.
Despite the revenue growth, TVS Electronics posted a net loss of ₹0.65 crore, which improved by 62.64% YoY, compared to a loss of ₹1.74 crore in Q3FY24.
EBITDA surged 282.69% YoY to ₹3.98 crore in Q3FY25, up from ₹1.04 crore in the same period last year, indicating improved operational efficiency.
Shares of TVS Electronics were trading at ₹331.80, down 4.72% from the previous close of ₹348.25, reflecting investor concerns despite the improved operational performance.
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