TVS Srichakra Reports Q2 Results: Consolidated Revenue Reaches 1,081.82 Cr; Net Profit Stands at 34.02 Cr

TVS Srichakra Reports Q2 Results: Consolidated Revenue Reaches 1,081.82 Cr; Net Profit Stands at 34.02 Cr​

TVS Srichakra Limited has released its unaudited consolidated financial results for the quarter ended June 30, 2026. The company's earnings were approved by the Board of Directors during a meeting held on August 13, 2026, following a review by the Audit Committee.

The Group reported a total income of Rs 1,081.82 crores for the quarter in which its revenue from operations stood at Rs 1,067.61 crores. The company recorded total expenses amounting to Rs 1,035.58 crores.

Consolidated Financial Performance Highlights​

The unaudited consolidated results and corresponding figures for the previous periods are detailed below:


The standalone unaudited results for the quarter also showed Total Income at Rs 1,006.73 crores and Net Profit after tax of Rs 29.22 crores, while the total comprehensive income stood at Rs 33.99 crores.

Key Business Events and Financial Notes​

Management highlighted several significant events in the reporting period:

• Tariff Refund Receivable: The Group recognized a receivable of Rs 7.21 crores (net of estimated customer pass-through obligations). This receivable is related to refunds of tariffs previously paid under the United States International Emergency Economic Powers Act (IEEPA), following a judgment by the U.S. Supreme Court dated February 20, 2026, invalidating the subject tariffs.
• Government Assistance: The holding company recognized grant income, including Rs 18.81 crores attributable to completed useful life of eligible assets up to March 31, 2025, related to a structured package of assistance from State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT). Similarly, the Group recorded Rs 0.08 crore in grant income for the quarter and year ended March 31, 2026, attributable to a Green Industry Incentive.
• Employee Benefits: The company incurred expenses amounting to Rs 1.00 crore during the quarter on a Voluntary Retirement Scheme for its employees. Furthermore, the Group recognized an incremental obligation of Rs 11.09 crores as past-service cost relating to changes in Labour Codes that became effective from November 21, 2025.

The results were subjected to a limited review report issued by M/s PKF Sridhar & Santhanam LLP, Chartered Accountants. The statutory auditor confirmed that nothing came to their attention that would cause them to believe that the Statement contained any material misstatement and was prepared in accordance with Indian Accounting Standards (Ind AS 34).

TVSSRICHAK Stock Price Movement​

TVS Srichakra shares edged higher on Thursday, finishing the session at ₹4199.9 after rallying 8.58%. The stock demonstrated strong upward momentum throughout the day, trading within a range that saw a low of ₹3850 before hitting its high of ₹4199.9.