TVS Srichakra , a leading manufacturer of automotive tyres and tubes, has announced its financial results for the quarter ended September 30, showing a mixed performance with revenue growth but lower profitability.

Revenue and Profit Highlights

On a standalone basis, the company reported:

• Revenue from operations increased to ₹865.04 crores, up from ₹761.74 crores in the previous quarter
• Net profit after tax declined to ₹15.81 crores from ₹18.19 crores in the previous quarter

For the half-year period:

• Standalone revenue reached ₹1,626.78 crores, compared to ₹1,523.85 crores in the corresponding period last year
• Net profit stood at ₹33.93 crores, down from ₹36.96 crores in the previous year

Consolidated Performance

On a consolidated basis for the quarter:

• Revenue was reported at ₹1,253.83 crores
• Net profit was ₹10.96 crores

Exceptional Items and Other Financials

• The company received a government grant of ₹18.81 crores under exceptional items, related to an Investment Promotion Capital Subsidy from the Tamil Nadu government
• TVS Srichakra incurred ₹2.56 crores in the quarter for its Voluntary Retirement Scheme

Earnings Per Share

Earnings per share on a standalone basis was ₹20.65 for the quarter.

Outlook

While TVS Srichakra has shown growth in revenue, the decline in profitability may be a point of concern for investors. The company's ability to manage costs and improve margins in the coming quarters will be crucial for its financial performance.

Investors and analysts will likely monitor how TVS Srichakra navigates challenges and capitalizes on opportunities in the automotive tyre market going forward.

TVS Srichakra Limited , the parent company of Eurogrip Tyres, has made a significant move in the global two-wheeler tyre market with the launch of its new adventure tyre collection at EICMA 2025 in Milan. This development marks a strategic expansion of the company's product portfolio and reinforces its commitment to innovation in the tyre segment.

New Product Launch

Eurogrip Tyres introduced two new product lines at the prestigious motorcycle exhibition:

1. Trailhound Wild: Designed for medium and large enduro motorcycles
2. Bee Wild: Engineered for scooters

These new offerings are part of Eurogrip's latest range of adventure and scooter tyres, showcasing the company's focus on diversifying its product lineup.

Key Features of the New Tyre Range

Both tyre models incorporate advanced features such as:

• Optimal land/sea ratio tread pattern for enhanced traction
• Balanced silica compound for improved wet grip
• High-quality synthetic fiber structure

Eurogrip's Global Presence

This launch at EICMA 2025 marks Eurogrip's fifth consecutive year of participation in the event. The company showcased its expanding global product lines, including:

• Bee Connect
• Protorq Extreme
• Climber
• Roadhound
• Trailhound SCR and STR
• Bee Volt
• Bee Sport

These products cater to various segments, including Global Scooters, Hi-Performance Sport Bikes, Enduro/Motocross, Sport Touring, Trail, and Electric vehicles.

Management Commentary

Mr. T. K. Ravi, Chief Operating Officer of TVS Srichakra Ltd., emphasized the company's focus on building trust through performance and its commitment to establishing Eurogrip as a global Bike Tyre Specialist.

Mr. V. Sivaramakrishnan, Chief Technology Officer, highlighted the company's R&D efforts, stating that the new products utilize "new generation polymers in the compounds, multizone tread, and an innovative tread design."

Market Implications

This product launch and strong presence at EICMA 2025 signal TVS Srichakra's ambitions to expand its global footprint in the two-wheeler tyre market. The company's focus on innovation and diverse product offerings could potentially strengthen its position in both domestic and international markets.

Conclusion

TVS Srichakra's latest product launch at EICMA 2025 demonstrates the company's commitment to innovation and global expansion. As the two-wheeler market continues to evolve, especially with the growing popularity of adventure bikes and electric scooters, Eurogrip's new tyre range positions the company to capitalize on these trends.

Investors and market watchers may want to monitor how this strategic move impacts TVS Srichakra's market share and financial performance in the future.