TVS Motor posts 52% profit jump in Q2 as revenue climbs 44%
TVS Motor's second-quarter net profit rose 52.3% to ₹1,377 crore and revenue grew 43.7%, both beating poll estimates, according to TradingView.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
According to TradingView, TVS Motor Company's consolidated net profit for the second quarter of FY27 climbed 52.3% year on year to ₹1,377 crore, from ₹904 crore a year earlier. Revenue from operations rose 43.7% to ₹17,103 crore, while EBITDA grew 47.2% to ₹2,219 crore. The EBITDA margin came in at 13%, slightly below the poll estimate of 13.2%, though profit, revenue and EBITDA all topped CNBC-TV18's forecasts. The shares gained as much as 4% after the release.
Separately, the board approved buying the entire capital of STPL Trading and Services Private Limited for ₹530.08 crore, the company said in an exchange filing dated October 28, 2026. STPL holds a 7.5% interest in Home Credit India Finance, a non-banking financial company, and reported a profit after tax of ₹72.44 crore with net worth of ₹220.85 crore. The deal is tied to the planned merger of Home Credit India Finance into TVS Credit Services and should lift TVS Motor's effective stake in the lender by about 2.4%. Payment will be made in cash, with completion expected by December 31, 2026, and shares will be bought from related parties at a valuation-based arm's-length price.
In a separate transaction, TVS Motor bought all of Harita ARC Limited, a wholly owned unit of TVS Credit Services, for ₹25,000. Harita ARC was incorporated on August 25, 2017, has the same paid-up capital, and has not started operations. The purchase is linked to the proposed demerger of TVS Motor's consumer finance business into a separate legal entity, which will proceed once the board decides to implement it.
why it matters
The results show strong growth and a beat on every key line except the margin, which explains the positive reaction in the shares. The finance transactions are small relative to the company's profit and mainly reshape the group structure ahead of the planned demerger of its lending arm.
market impact
TVS Motor shares: results above forecasts support the stock
- TVS Motor shares pressure up — quarterly profit and revenue beat poll estimates
tags
instruments
sources
- TVS Motor Q2 results: Profit jumps 52% to ₹1,377 crore, revenue rises 44% — TradingView, 28 October 2026 at 10:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗