TVS Motor Company on Wednesday reported a 52.4 per cent year-on-year jump in standalone net profit to Rs 1,377.15 crore for the second quarter of FY27, compared with Rs 903.64 crore a year earlier, supported by record vehicle sales, according to its regulatory filing.

Source: Autocar Professional

Revenue from operations rose 44 per cent to an all-time quarterly high of Rs 17,103 crore, from Rs 11,905 crore in Q2 FY26. Operating EBITDA rose 47 per cent to Rs 2,219 crore from Rs 1,507 crore, and the EBITDA margin improved to 13 per cent from 12.7 per cent a year earlier. Profit before tax rose 52 per cent to Rs 1,865 crore.

Source: CNBC-TV18 via TradingView

Record volumes across two- and three-wheelers

The company recorded its highest-ever quarterly sales, with total two-wheeler and three-wheeler volumes rising 27 per cent to 19.19 lakh units from 15.07 lakh units a year earlier. Management said it is expanding annual two-wheeler capacity to 8.3 million units and monthly electric-vehicle output to 80,000 units, and expects further growth in its three-wheeler business in the second half.

Source: Autocar Professional — capacity report

Rs 1,377.15 croreStandalone net profit, Q2 FY27 — up 52.4% year-on-year
Rs 17,103 croreRevenue from operations — record, up 44% year-on-year
19.19 lakh unitsRecord quarterly sales, up 27% year-on-year

Total standalone expenses rose 43.4 per cent to Rs 15,284 crore, reflecting higher material consumption, employee, finance and other operating costs, the filing showed. Shares of the company traded about 4 per cent higher after the results, at Rs 4,254.90 on the NSE, the Hindu BusinessLine's results live blog reported.

Source: The Hindu BusinessLine

Separately, the board approved the acquisition of the entire stake in STPL Trading and Services Private Limited for Rs 530.08 crore and the entire stake in Harita ARC, and approved a composite scheme under which the consumer finance business will be demerged into an independent company, according to the exchange filing reported by CNBC-TV18. STPL holds a 7.5 per cent stake in Home Credit India Finance, and the transaction is expected to be completed by December 31, 2026.