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.
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