TVS Srichakra reported a nearly four-fold profit jump to ₹44.43 crore for the second quarter. Revenue rose 37.5% to ₹1,272.63 crore, supported by strong operating performance. The tyre manufacturer saw its EBITDA climb 60.6% to ₹105 crore. Shares of the company ended higher on Friday, 13 November, closing at ₹4,348.00.
TVS Srichakra reported a nearly four-fold YoY jump in Q2 consolidated profit attributable to owners to ₹44.43 crore, backed by a 37.5% rise in revenue to ₹1,272.63 crore. EBITDA climbed 60.6% to ₹105 crore, lifting margins by 119 bps to 8.25%, while sequential profit rose 30.6%.
Tyres and tubes manufacturer TVS Srichakra reported an almost four-fold year-on-year jump in profit to ₹44 crore for the second quarter ended September 30, 2026 (Q2FY27), compared with ₹11.1 crore in the corresponding period last year.
Revenue from operations rose 37.5% year-on-year to ₹1,273 crore from ₹926 crore in Q2FY26. Operating performance improved at a sharper pace, with earnings before interest, tax, depreciation and amortisation (EBITDA) climbing 60.6% to ₹105 crore against ₹65 crore a year ago. Consequently, the company's EBITDA margin expanded by 119 basis points to 8.25% from 7.06% in the year-ago quarter.
Total consolidated expenses increased 33.94% year-on-year to ₹1,217.07 crore from ₹908.65 crore in Q2FY26. The rise in costs was led by higher raw material consumption, with cost of materials consumed stepping up to ₹773.31 crore from ₹487.20 crore a year earlier, alongside employee benefit expenses rising to ₹119.57 crore.
TVS Srichakra Q2 sequential performance
On a quarter-on-quarter (QoQ) basis, profit rose 30.60% from ₹34.02 crore recorded in Q1FY27. Revenue from operations grew 19.20% sequentially against ₹1,067.61 crore in the June quarter, while total expenses increased 17.53% from ₹1,035.58 crore.
TVS Srichakra is a manufacturer and exporter of two-wheeler, three-wheeler, and off-highway tyres. Incorporated in 1982 and headquartered in Madurai, Tamil Nadu, the company is a key part of the TVS Mobility Group. Operating manufacturing facilities in Madurai and Pantnagar (Uttarakhand), along with a dedicated design centre in Milan, Italy, the company markets its tyres, tubes, and flaps globally under the flagship TVS Eurogrip and TVS Tyres brands.
Shares of TVS Srichakra ended higher on Friday, 13 November, closing 0.86% up at ₹4,348.00, gaining ₹36.90 during the session.