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.