Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026 (Q1 FY26)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Unmodified conclusion (clean opinion) from statutory auditors S.R. Batliboi & Co. LLP on both standalone and consolidated financial results.
Key Financial Highlights [₹ in Crores]:
Standalone Results:
Revenue from Operations: ₹6,213.61 crore (Q1 FY26) vs ₹4,908.41 crore (Q1 FY25) - 27% YoY increase
Total Income: ₹6,940.70 crore (Q1 FY26) vs ₹5,567.27 crore (Q1 FY25)
Net Profit: ₹1,506.62 crore (Q1 FY26) vs ₹1,306.49 crore (Q1 FY25) - 15% YoY increase
EPS: Basic ₹54.91 (Q1 FY26) vs ₹47.65 (Q1 FY25); Diluted ₹54.83 (Q1 FY26) vs ₹47.58 (Q1 FY25)
Other Income: ₹727.09 crore, including ₹272.00 crore dividend received from VE Commercial Vehicles Limited
Total Expenses: ₹4,972.66 crore (Q1 FY26) vs ₹3,869.88 crore (Q1 FY25)
Tax Expense: ₹461.42 crore (Q1 FY26) vs ₹390.90 crore (Q1 FY25)
Consolidated Results:
Revenue from Operations: ₹6,632.42 crore (Q1 FY26) vs ₹5,041.84 crore (Q1 FY25) - 32% YoY increase
Total Income: ₹7,098.73 crore (Q1 FY26) vs ₹5,487.90 crore (Q1 FY25)
Net Profit: ₹1,462.51 crore (Q1 FY26) vs ₹1,205.22 crore (Q1 FY25) - 21% YoY increase
EPS: Basic ₹53.30 (Q1 FY26) vs ₹43.95 (Q1 FY25); Diluted ₹53.22 (Q1 FY26) vs ₹43.89 (Q1 FY25)
Share of Profit from Joint Venture (VECV): ₹167.50 crore (Q1 FY26) vs ₹157.11 crore (Q1 FY25)
Total Reserves: ₹25,072.72 crore (as of June 30, 2026)
Segment-wise Performance:
The company operates within a single primary business segment: "Automobile products and related components" as per Ind AS 108 requirements.
Corporate Actions:
Employee Stock Options: 27,000 employee stock options granted under Employee Stock Option Plan, 2006
Restricted Stock Units: 1,37,365 restricted stock units granted under Restricted Stock Units Plan, 2019
Share Allotment: 1,83,326 equity shares of ₹1 each issued and allotted under ESOP plans during the quarter
Other Significant Information:
Paid-up Equity Share Capital: ₹27.45 crore (Face value ₹1 per share, fully paid-up)
The figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures