Below are the financial statements of TVS Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Interest income | 51.87a | 37.68a |
| Net gain on sale / fair valuation of investments | 0.66a | 0.85a |
| Sale of goods and services | 339.86a | 289.96a |
| Other operating revenue | 10.09a | 8.13a |
| Revenue from operations | 402.48a | 336.62a |
| Other income | 0.34a | 0.29a |
| Total income | 402.82a | 336.9a |
| Expenditure | — | — |
| Finance costs | -20.43a | -14.24a |
| Cost of materials consumed | -242.38a | -207.79a |
| Purchase of stock-in-trade | -9.73a | -8.95a |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | -3.45a | -1.52a |
| Employee benefits expense | -35.39a | -31.69a |
| Depreciation and amortisation expense | -10.3a | -9.86a |
| Other expenses | -59.69a | -46.25a |
| Total expenditure | -374.47a | -317.26a |
| Profit from ordinary activities before share of profit (loss) of associates and exceptional items | 28.35a | 19.64a |
| Share of profit (loss) of associates - net | -0.44a | -0.4a |
| Profit from ordinary activities before exceptional items | 27.91a | 19.24a |
| Exceptional items - gain (loss) | -0.05a | 0.89a |
| Profit from ordinary activities before tax | 27.86a | 20.13a |
| Tax expense | — | — |
| Current tax | -10.98a | -7.64a |
| Deferred tax | -0.94a | -0.84a |
| Total tax expense | -10.04a | -6.8a |
| Profit for the year | 17.82a | 13.33a |
| Profit attributable to | — | — |
| Owners | 8a | 6.5a |
| Non-controlling interest | 9.82a | 6.84a |
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