TVS Srichakra Q2 Profit Jumps About 305% to Rs 44.43 Crore
The Eurogrip tyre maker's consolidated revenue from operations rose about 37% to Rs 1,272.63 crore in the July to September 2026 quarter.
Key Takeaways
- TVS Srichakra's consolidated Q2 FY27 net profit rose about 305% to Rs 44.43 crore from Rs 10.96 crore.
- Consolidated revenue from operations rose about 37% to Rs 1,272.63 crore from Rs 926.49 crore.
- Compared with Q1 FY27, revenue rose about 19% and net profit about 31%.
- First-half FY27 net profit was Rs 78.45 crore, against Rs 23.79 crore a year earlier.
- The board approved the results on November 14, 2026.
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TVS Srichakra, the company that makes Eurogrip tyres, reported a consolidated net profit of Rs 44.43 crore for the July to September 2026 quarter (Q2 FY27). That is about four times the Rs 10.96 crore it earned in the same quarter a year earlier, a rise of about 305%.
Consolidated revenue from operations rose about 37% to Rs 1,272.63 crore from Rs 926.49 crore. The board approved the unaudited results on November 14, 2026. All figures in this post are consolidated, which means they cover TVS Srichakra and its subsidiaries together.
TVS Srichakra Q2 FY27 at a glance
| Detail | Value |
|---|---|
| Quarter | July to September 2026 (Q2 FY27) |
| Basis | Consolidated |
| Revenue from operations | Rs 1,272.63 crore, up about 37% from Rs 926.49 crore |
| Net profit | Rs 44.43 crore, up about 305% from Rs 10.96 crore |
| Profit before tax | Rs 57.27 crore, against Rs 18.21 crore a year earlier |
| Earnings per share | Rs 58.02, against Rs 14.52 a year earlier |
| Results approved | November 14, 2026 |
TVS Srichakra's costs grew slower than its sales
Total consolidated expenses rose about 34% to Rs 1,217.07 crore from Rs 908.65 crore, slower than the about 37% rise in revenue. Cost of materials consumed, the biggest expense, rose to Rs 773.31 crore from Rs 487.20 crore. Finance costs fell to Rs 11.32 crore from Rs 12.42 crore.
How TVS Srichakra's quarters compare
The September quarter was also stronger than the June quarter. Revenue rose about 19% from Rs 1,067.61 crore in Q1 FY27, and net profit rose about 31% from Rs 34.02 crore.
| Quarter | Revenue from operations | Net profit |
|---|---|---|
| July to September 2025 (Q2 FY26) | Rs 926.49 crore | Rs 10.96 crore |
| April to June 2026 (Q1 FY27) | Rs 1,067.61 crore | Rs 34.02 crore |
| July to September 2026 (Q2 FY27) | Rs 1,272.63 crore | Rs 44.43 crore |
For the first half of FY27 (April to September 2026), consolidated revenue from operations rose about 34% to Rs 2,340.24 crore from Rs 1,745.90 crore. Net profit for the half year was Rs 78.45 crore, against Rs 23.79 crore a year earlier.
What TVS Srichakra makes
TVS Srichakra sells its tyres under the Eurogrip brand, with a range that covers two-wheeler, three-wheeler, agricultural, industrial and off-the-road tyres. Its registered office is in Madurai, Tamil Nadu. Its shares are listed on the NSE and BSE.
Where TVS Srichakra stands after Q2 FY27
TVS Srichakra ended the September quarter with consolidated revenue of Rs 1,272.63 crore and net profit of Rs 44.43 crore, both higher than a year earlier and than in the June quarter. Its net profit for the first half of FY27 came to Rs 78.45 crore.
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