TVS Srichakra's Q2 FY 2025-26 Quarterly Results

Result Summary

• TVS Srichakra Ltd reported a 13.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.1%.
• Its expenses for the quarter were up by 10.9% QoQ and 10.0% YoY.
• The net profit decreased 14.6% QoQ and increased 6.9% YoY.
• The earnings per share (EPS) of TVS Srichakra Ltd stood at 14.52 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

TVS Srichakra Ltd is a prominent player in the Indian automotive industry, primarily engaged in the manufacturing of two-wheeler, three-wheeler, and industrial tires. It is part of the larger TVS Group, which is known for its diversified interests in the automotive sector. As a key manufacturer, TVS Srichakra caters to both domestic and international markets, supplying tires to a variety of original equipment manufacturers (OEMs) and the aftermarket segment. As of the latest data, there are no specific recent major developments available for TVS Srichakra Ltd.

Revenue

TVS Srichakra Ltd reported a total income of ₹929.42 crores for Q2FY26, showing a 13.1% increase from ₹821.51 crores in the previous quarter (Q1FY26) and a 10.1% increase from ₹844.25 crores in the same quarter of the previous year (Q2FY25). This growth in revenue reflects a strong performance in both quarter-over-quarter (QoQ) and year-over-year (YoY) terms. The revenue figures indicate a consistent upward trend in income generation over the analyzed periods.

Profitability

The profitability of TVS Srichakra Ltd shows varying trends across different metrics. The Profit Before Tax (PBT) for Q2FY26 was ₹18.21 crores, which is a decrease of 8.6% from Q1FY26's ₹19.92 crores but a slight increase of 1.7% from Q2FY25's ₹17.91 crores. The tax expense for Q2FY26 stood at ₹7.25 crores, up by 2.3% from the previous quarter but down by 5.4% from the corresponding quarter last year. Consequently, the Profit After Tax (PAT) decreased by 14.6% QoQ to ₹10.96 crores from ₹12.83 crores but increased by 6.9% YoY from ₹10.25 crores. The Earnings Per Share (EPS) followed a similar pattern, reducing by 13.7% QoQ to ₹14.52 from ₹16.82, yet increasing by 7.8% YoY from ₹13.47.

Operating Metrics

The total expenses for TVS Srichakra Ltd for Q2FY26 amounted to ₹908.65 crores, reflecting an increase of 10.9% from the previous quarter and a 10.0% increase from the same quarter of the previous year. This rise in expenses has impacted the company’s operating margins. Despite the increase in total income, the reduction in profit margins suggests a proportionate increase in operational costs. The financial metrics highlight the company's ability to generate revenue while managing operational expenses, although the QoQ decline in net profit indicates challenges in maintaining profitability at the same growth rate as revenue.