Shares of TVS Srichakra Ltd rose as much as 7% on Tuesday, August 12, after the company reported a strong set of earnings for the quarter ended June 2025. Net profit surged 92.5% year-on-year to ₹13 crore, compared to ₹6.7 crore in the corresponding quarter last year. Revenue from operations grew 3.6% to ₹819.4 crore, up from ₹791 crore in the same period a year ago, while other income jumped to ₹2.10 crore from ₹0.30 crore.
However, EBITDA declined 12% YoY to ₹48.2 crore, with margins contracting to 5.9% from 6.9% a year earlier. Despite the mixed performance on operational metrics, the sharp profit jump boosted investor sentiment, pushing the stock sharply higher on Tuesday.
On Wednesday, August 13, the stock traded nearly 1% higher after the company announced it had signed a long-term Trademark License Agreement with its wholly owned US subsidiary, Super Grip Corporation, granting rights to use the “SUPER GRIP” brand globally.
Under the 99-year agreement, TVS Srichakra will pay a 2% royalty on sales made under the Super Grip brand to third-party customers, excluding its subsidiary. The deal is expected to strengthen global brand presence and support the company’s international growth strategy, particularly in the US and other overseas markets.
