TVS Srichakra Profit Soars Nearly Four-Fold on Strong Q2

TVS Srichakra reported a remarkable nearly four-fold increase in its consolidated profit attributable to owners for the second quarter ended September 30, 2026. The profit surged to ₹44.43 crore, a significant jump from ₹11.1 crore in the same period last year.

Revenue from operations saw a robust 37.5% year-on-year growth, reaching ₹1,272.63 crore compared to ₹926 crore in the prior year's second quarter. The company's operating performance improved substantially, with EBITDA climbing 60.6% to ₹105 crore, up from ₹65 crore.

This improvement in earnings translated to expanded EBITDA margins, which rose by 119 basis points to 8.25% from 7.06% in the corresponding quarter of the previous fiscal year. Total consolidated expenses also increased by 33.94% year-on-year, largely due to higher raw material consumption.

On a sequential basis, TVS Srichakra's profit grew by 30.60% from ₹34.02 crore in Q1FY27. Revenue from operations also experienced sequential growth of 19.20% against the June quarter.

Manufacturing and exporting two-wheeler, three-wheeler, and off-highway tyres, TVS Srichakra operates facilities in Madurai and Pantnagar. The company markets its products globally under the TVS Eurogrip and TVS Tyres brands. The company's shares closed 0.86% higher on Friday, November 13, at ₹4,348.00.