SRIVARU Holding Shows Asset Growth Amidst Net Loss
Company Announcements

SRIVARU Holding Shows Asset Growth Amidst Net Loss

SRIVARU Holding (SVMH) has released an update.

SRIVARU Holding’s recent financial report reveals a significant increase in assets, reaching over $6.6 million as of October 2024, compared to $1.6 million in March 2024. Despite this growth, the company reported a substantial net loss of $34.2 million over the seven months ending October 2024. This financial performance could influence investor confidence, given the increased liabilities and stockholder equity in the same period.

For further insights into SVMH stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySRIVARU prices 106.2M units at 6.4c in upsized underwritten public offering
TheFlySRIVARU announces expansion into Indian State of Kerala
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App