Latest News | TVS Electronics Reports Q4 Net Profits of Rs 5.85 Cr

Get latest articles and stories on Latest News at LatestLY. : TVS Electronics, a major player in electronic peripherals, has reported net profits Rs 5.85 crore for the quarter ending March 31, 2021.

Chennai, May 22 (PTI): TVS Electronics, a major player in electronic peripherals, has reported net profits Rs 5.85 crore for the quarter ending March 31, 2021.

The city-based company had reported a net loss at Rs 5.69 crore during the corresponding quarter last year.

For the year ending March 31, 2021 net profits stood at Rs 77 lakh as against Rs 39 lakh registered a year ago, TVS Electronics said in a BSE filing on Saturday.

Total revenue for the quarter under review grew to Rs 72.61 crore from Rs 54.95 crore in the same quarter last year.

For the year ending March 31, 2021 total revenues slipped to Rs 226.66 crore from Rs 264.05 crore registered in the same period last year, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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