TVS Holdings reported a consolidated net profit of ₹1,173.58 crore for the quarter ended June 30, 2026, marking a 74% increase from ₹675.36 crore in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹17,076.18 crore, compared to ₹12,742.19 crore in the same period last year. The company's board approved the unaudited standalone and consolidated financial results at its meeting held on July 21, 2026.

Consolidated Financial Performance

The consolidated results reflect strong growth across key metrics. The following table summarises the financial highlights:

Standalone Performance

On a standalone basis, the company recorded a net profit of ₹9.45 crore for Q1FY27, a decrease from ₹12.90 crore in the same quarter of the previous year. Revenue from operations for the standalone entity increased to ₹93.04 crore from ₹55.07 crore. The total comprehensive income for the period was ₹6.89 crore, down from ₹10.63 crore in the prior year.

Segment Performance and Investments

The Automotive Vehicles & Parts segment reported a profit before interest and tax of ₹1,247.48 crore, while the Financial Services segment reported a profit of ₹563.45 crore. Total segment assets stood at ₹68,348.08 crore as of June 30, 2026, and the company's consolidated net worth was reported at ₹5,666.66 crore. The group's share of profit from associates recorded a loss of ₹14.06 crore for the quarter.

During the quarter, the company made an investment of ₹176.38 crore in Home Credit India Finance Private Limited. The consolidated results include the financial performance of subsidiaries and associates.

Auditor's Review

The financial results were subjected to a limited review by the statutory auditors, N.C. Rajagopal & Co. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India. The auditors confirmed that nothing came to their attention that would suggest the financial statements contained material misstatements.

TVS Holdings Limited's shareholding in its subsidiary, Home Credit India Finance Private Limited, has decreased to 74.45% from 80.17% as of July 20, 2026. This reduction follows the further allotment of shares by Home Credit to other investors. The information was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The event occurred at 3:41 P.M. on July 20, 2026. The company stated that this change in shareholding structure is a consequence of the new allotment and does not alter the subsidiary status of Home Credit India Finance within the TVS Holdings group. The disclosure was made by R Raja Prakash, Company Secretary of TVS Holdings Limited.

Shareholding Details