Interest and depreciation cut TVS Srichakra’s operating profit sharply
Consolidated operating profit of Rs 80.81 cr fell to Rs 45.24 cr before tax, while other income contributed Rs 13.21 cr.
Filed 13 Aug 2026, 12:51 IST · TVSSRICHAK (TVSSRICHAK)
Key takeaways
- Consolidated operating profit was Rs 80.81 cr, but interest of Rs 11.64 cr and depreciation of Rs 37.14 cr reduced profit before tax to Rs 45.24 cr.
- Net profit was Rs 34.02 cr after a 24.8% tax rate, with EPS at Rs 44.43.
- Other income of Rs 13.21 cr formed part of the Rs 45.24 cr profit before tax, so reported profit was not entirely operating in origin.
Operating profit was reduced by below-operating charges
TVS Srichakra reported consolidated revenue of Rs 1,067.61 cr and operating profit of Rs 80.81 cr for Q1FY27. Interest of Rs 11.64 cr and depreciation of Rs 37.14 cr together materially reduced operating profit before tax, which came in at Rs 45.24 cr.
Other income supported reported pre-tax earnings
Other income contributed Rs 13.21 cr to the quarter, alongside the Rs 45.24 cr profit before tax. Tax of Rs 11.22 cr at a 24.8% tax rate left consolidated net profit at Rs 34.02 cr, equivalent to EPS of Rs 44.43.
No sequential or market-reaction context is available yet
The quarter has no reported year-on-year or sequential comparison in the available results, so the direction of revenue, costs and operating margin cannot be assessed from this release alone. The next update will show whether operating profit can build from Rs 80.81 cr without a similar reduction from interest and depreciation.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,068 cr |
| Other income | ₹13 cr |
| Expenses | ₹987 cr |
| Operating profit | ₹81 cr |
| Operating margin (%) | 7.57% |
| Interest | ₹12 cr |
| Depreciation | ₹37 cr |
| Profit before tax | ₹45 cr |
| Tax | ₹11 cr |
| Net profit | ₹34 cr |
| EPS (₹) | ₹44.43 |
What to watch
- Whether revenue builds from Rs 1,067.61 cr in the next reported quarter.
- Whether operating profit remains above Rs 80.81 cr.
- Whether other income stays near Rs 13.21 cr and continues to support pre-tax profit.