Shares of TVS Srichakra Ltd. surged nearly 17% on Wednesday, May 27, after the company reported strong fourth quarter performance. According to reports from CNBC TV18, this marked the biggest single-day gain for the stock since October 2025. The stock reached an intraday high of ₹4,197.8 before cooling off to trade 11.5% higher at ₹4,008. However, the stock remains 7% down for the year so far in 2026.
The company's earnings showed significant improvement across all parameters in the fourth quarter. As reported by CNBC TV18, TVS Srichakra's net profit increased to ₹36 crore from ₹10 crore in the previous year. Revenue came in at ₹981 crore, up 20% from ₹818.4 crore in the fourth quarter last year. EBITDA increased 29.4% to ₹86.7 crore from ₹67 crore in the previous fiscal, while margins expanded by 60 basis points to 8.8% from 8.2% in the year-ago period.
The company's board of directors recommended a final dividend of ₹37.8 per share on the face value of ₹10 each for financial year 2026. According to CNBC TV18, this will be paid within 30 days from the date of shareholders' approval at its upcoming annual general meeting (AGM). This represents the highest dividend payout for the company's shareholders since August 2024.
The strong quarterly performance and dividend declaration have provided significant support to TVS Srichakra's stock price. As reported by CNBC TV18, the company's earnings were better compared to the same quarter last year across all parameters, driving the substantial market response. The dividend recommendation represents a notable increase from the previous year's payout levels, with the stock's recovery continuing to build momentum in the current market environment.
