Current Liabilities: ₹4,372.56 (including Borrowings: ₹2,077.62, Trade Payables: ₹1,678.03)
Cash Flow (Consolidated, H1 FY27, ₹ crores)
Net Cash from Operating Activities: ₹13.76
Net Cash from Investing Activities: ₹234.53
Net Cash used in Financing Activities: ₹(363.54)
Net Increase in Cash: ₹(13.76)
Cash and Cash Equivalents at End of Period: ₹104.58
Key Notes and Additional Information
The results were reviewed by the Audit Committee and approved by the Board of Directors in a meeting held on October 26, 2026, from 3:00 PM to 4:40 PM.
The financial statements include the results of the parent company, 9 subsidiaries (including 3 step-down), 2 joint ventures of a subsidiary, and 13 subsidiaries of a joint venture.
The company has renamed its OEM Division to 'EV Business'.
The company notes a new regulatory obligation under the Environment Protection (End-of-Life Vehicles) Rules, 2025. The financial impact is currently unquantifiable as the implementation framework (pricing mechanism, measurement) is not yet fully operational.
The statutory auditors, R.N. Marwah & Co. LLP, issued an unmodified review opinion. Their conclusion is based in part on review reports of other auditors for 5 subsidiaries and 4 joint ventures. The results of 3 other subsidiaries were not reviewed but were considered not material to the group.
The face value of each equity share is ₹1.00. The paid-up equity share capital is ₹23.65 crores.
