Independent Auditor's Review Report on review of Interim standalone financial results
To the Board of Directors of TVS Srichakra Limited
We have reviewed the accompanying statement of unaudited standalone financial results ("the Statement") of TVS Srichakra Limited ("the Company"), for the quarter and nine months ended 31st December 2021, being submitted by the company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (''Listing Obligations'').
Management's Responsibility
This Statement which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India.
Auditor's Responsibility
Our responsibility is to issue a report on the Statement based on our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410 'Review of Interim Financial Information performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
Conclusion:
Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Obligations, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For PKF Sridhar & Santhanam LLP Chartered Accountants
Firm's Registration No. 003990S/S200018
T V Balasubramanian Partner Membership No. 027251 Place: Chennai
Date: 12th February 2022
UDIN: 22027251ABNKDQ2292
91/92, VII Floor, Dr.Radhakrishnan Road, Mylapore, Chennai- 600004, India
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TVS Srichakra Ltd. published this content on 12 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 February 2022 08:51:07 UTC.
TVS Srichakra Limited is an India-based maker of TVS Eurogrip, Eurogrip and TVS Tyres brands of tyres and is a manufacturer and exporter of two, three-wheeler tyres and off-highway tyres. The Company's business segment is Automotive Tyres, Tubes and Flaps. Domestically, the Company supplies tyres to vehicle manufacturers (commonly known as original equipment manufacturers - OEMs) as well as the replacement market, serviced through a network of depots, distributors and retailers. Its products are available in over 85 countries across the world. The Company's product range includes two and three-wheeler tyres, all - terrain vehicle tyres, skid-steer construction tyres, industrial pneumatic tyres, heavy duty earthmover tyres, farm and implement tyres, floatation and other multi-purpose tyres. Its off-highway tyres include agriculture, construction and industrial, and off the road tyres. It manufactures tyres in two manufacturing sites: one in Tamil Nadu and the second in Uttarakhand.
TVS SRICHAKRA LIMITED 
