Operational Highlights
Quarterly Performance (Q2 FY27 vs Q2 FY26):
- Three-wheeler sales: 11,916 units vs 9,248 units, growth of 28.85%
Half-Year Performance (H1 FY27 vs H1 FY26):
- Three-wheeler sales: 21,794 units vs 16,177 units, growth of 34.70%
Consolidated Financial Performance
Half-Year Performance (H1 FY27 vs H1 FY26):
- Revenue from Operations: ₹486.74 crore vs ₹352.95 crore, growth of 37.91%
- Profit Before Tax: ₹19.76 crore vs ₹14.85 crore, growth of 33.06%
- Profit After Tax: ₹14.88 crore vs ₹10.33 crore, growth of 44.05%
- Basic & Diluted EPS: ₹5.27 vs ₹4.37
Quarterly Performance (Q2 FY27 vs Q2 FY26):
- Revenue from Operations: ₹268.31 crore vs ₹200.17 crore, growth of 34.03%
- Profit Before Tax: ₹8.99 crore vs ₹11.60 crore, decline of 14.13%
- Profit After Tax: ₹6.84 crore vs ₹8.27 crore, decline of 17.29%
- Basic & Diluted EPS: ₹2.41 vs ₹3.30
Standalone Financial Performance
Half-Year Performance (H1 FY27 vs H1 FY26):
- Revenue from Operations: ₹466.35 crore vs ₹331.83 crore, growth of 40.54%
- Profit Before Tax: ₹18.21 crore vs ₹22.82 crore, decline of 20.20%
- Profit After Tax: ₹13.60 crore vs ₹17.22 crore, decline of 20.79%
- Basic & Diluted EPS: ₹4.90 vs ₹6.21
Additional Information
The performance was supported by an increase in three-wheeler sales volumes and contributions from the Group's automobile and financial services businesses.
The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 31, 2026.
Note: The comparative figures for the quarter and half year ended September 30, 2025, have been restated pursuant to Appendix C to Ind AS 103, consequent to the slump sale acquisition of the EV L5 Division from Atul Greentech Private Limited with effect from January 15, 2026.