Results-Financial Results for Jun 30, 2026

REF:TSL:SEC:2026/136 13th August 2026 BSE Limited National Stock Exchange of India Ltd., P J Towers 5th Floor, Exchange Plaza Dalal Street, Fort Bandra (E) Mumbai 400 001 Mumbai - 400 051 Scrip Code: 509243 Scrip Code: TVSSRICHAK Dear Madam / Sir, Sub : Outcome of Board Meeting – Disclosure in accordance with Regulation 30, 33 and other applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform that the unaudited financial results of the Company for the quarter ended 30th June 2026 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held today (Thursday, 13th August 2026). In terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find enclosed the following: • Unaudited Financial Results (standalone and consolidated) of the Company for the quarter ended 30th June 2026. • Limited Review Report issued by the Statutory Auditor M/s. PKF Sridhar & Santhanam LLP, Chartered Accountants, Chennai on the Unaudited Financial Results of the Company. The meeting of the Board of Directors of the Company commenced at 11.00 A.M and concluded at 12.40 P.M. Kindly take the above on record. Thanking you Yours faithfully For TVS SRICHAKRA LIMITED Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724 TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com Email:secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 ~ EUNDGN/P TVS SRICHAKRA LIMITED CIN: L25111TN1982PLC009414 Regd Office: TVS Building, 7-B West Veli Street, Madurai· 625001 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 Rs in crores except EPS Standalone Quarter ended Year ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Particulars Audited Unaudited Unaudited Audited (Refer note 5) 1 Income (a) Revenue from Operations 997.36 912.52 761.74 3,389.66 (b) Other Income (Refer Note 4) 9.37 6.21 2.51 13.78 Total Income (a)+(b) 1,006.73 918.73 764.25 3,403.44 2 Expenses (a) Cost of materials consumed 543.46 497.19 438.12 1,894.55 (b) Purchases of stock-in-trade 0.66 0.21 0.24 1.34 Changes in inventories of finished goods, work-in-progress and (c) 38.79 7.51 17.89 64.83 stock-in-trade (d) Employee benefits expense 101.94 98.47 91.55 377.00 (e) Finance costs 10.75 10.71 13.40 46.45 (f) Depreciation and amortisation expenses 34.44 33.92 31.15 132.03 (g) Other expenses 236.25 225.99 165.16 780.03 Total expenses (sum of (a) to (g)) 966.29 874.00 757.51 3,296.23 3 Profit/ (Loss) before exceptional items and Tax (1-2) 40.44 44.73 6.74 107.21 4 Exceptional Items (Refer Note 3) 1.00 (0.89) (17.56) (2.92) 5 Profit/ (Loss) before Tax (3-4) 39.44 45.62 24.30 110.13 6 Tax Expense (a) Current Tax 9.55 16.93 0.99 28.95 . . . (b) Current Tax (Previous year) (1.66) (c) Deferred Tax 0.67 (5.93) 5.19 0.13 7 Net Profit/ (Loss) after tax for the period/ year (5-6) 29.22 34.62 18.12 82.71 8 Other Comprehensive Income (a) Items that will not be reclassified to Statement of Profit and loss 16.23 16.23 Income tax relating to the above (9.48) (9.48) (b) Items that will be reclassified to Statement of Profit and Loss 6.37 (11.54) (36.12) (65.71) Income tax relating to the above (1.60) 2.91 9.72 16.54 Other Comprehensive Income 4.77 (1.88) (26.40) (42.42) 9 Total Comprehensive Income for the period/ year (7+8) 33.99 32.74 (8.28) 40.29 10 Paid-up equity share capital (Face value of Rs.10/-each) 7.66 7.66 7.66 7.66 11 Other Equity 1,222.64 12 Earnings Per Share (EPS) (not annualized) Basic (In Rs.) 38.15 45.22 23.66 108.02 Diluted (In Rs.) 38.15 45.22 23.66 108.02 TVS Srichakra Limited E-Mail id: secretarial@eurogriptyres.com GIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B West Veli Street, Madurai -625 001, Tamil Nadu, India. ...... J Tel: +91 0452 2356400. Fax: +91 0452 2443466 I www.tvseurogrip.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai -625 122, India. Tel: +91 452 2443300 A TVS MOBILITY GROUP COMPANY ~ EUNDGN/P Notes: 1. The above unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standard (referred to as "Ind AS") as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. These results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their Meeting held on August 13, 2026. The Statutory Auditors of the Company have carried out the limited review of the results for the quarter ended June 30, 2026. 2. The Company"s business activity falls within a single reportable business segment, viz, Automotive Tyres, Tubes and Flaps. 3. Following form part of exceptional items: a) Company had a Voluntary Retirement Scheme for its employees. Under this scheme, the Company has spent Rs.1.00 Crores for the quarter ended June 30, 2026 (Rs.1.25 Crores for the quarter ended June 30, 2025 and Rs.5.36 Crores for the year ended March 31, 2026). b) The Company had received an interim eligibility certificate from State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for a structured package of assistance in the form of an Investment Promotion Capital Subsidy (the "'Grant"), which was sanctioned by the State Government of Tamil Nadu in November 2021. The Grant will be received over 12 years, in equal annual instalments, subject to fulfilment of Grant related conditions as laid down by the Government. The Company has adopted the Income Approach as laid down in Ind AS 20 ""Accounting for Government Grants and Disclosure of Government Assistance"' for accounting the aforementioned Grant. Accordingly, grant income of Rs.18.81 crores attributable towards completed useful life of eligible assets upto March 31, 2025 had been recognized under exceptional items in the quarter ended June 30, 2025 (Rs.18.81 crores for the year ended March 31, 2026). c) The Government of India had notified four Labour Codes which became effective from November 21, 2025. Final central rules were notified on May 8, 2026, while notification of state rules in most of the states including those for Tamil Nadu is awaited. To comply with the above, the Company had taken an actuarial valuation in accordance with Ind AS 19 - Employee Benefits, read with relevant guidance issued by the Institute of Chartered Accountants of India, and had recognized an incremental obligation of Rs.10.61 crores as past-service cost during the previous year ended March 31, 2026. Considering the non-recurring nature of the impact arising on first-time application of the Labour Codes, the same was disclosed as an exceptional item in the previous year. The Company is in the process of evaluating and implementing the necessary changes in the employee benefit policies and will continue to monitor further regulatory developments including notifications of state rules and additional clarifications to assess the consequential financial impact, if any. d) The Company had received eligibility certificate from State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) for a structured package of assistance in the form of an Green Industry Incentive (the "'Grant""), which was sanctioned by the State Government of Tamil Nadu in November 2021 as a one time Grant. The Company adopted the Income Approach as laid down in Ind AS 20 "'Accounting for Government Grants and Disclosure of Government Assistance" for accounting the aforementioned Grant. Accordingly grant income of Rs.0.08 crore attributable to the financial year 2024-25 was recognised under exceptional item for the quarter and year ended March 31, 2026. TVS Srichakra Limited CIN: L25111TN1982PLC009414 ~-Mail id: secretarial@eurogriptyres.com R [Showing first 8,000 characters — download PDF for full document]