Tolins Tyres Limited reported a 43.3% year-on-year rise in consolidated revenue from operations for the quarter ended September 30, 2026, but profit after tax fell 6.5%. Revenue came in at ₹94.72 crore, against ₹66.10 crore in the same quarter last year. Consolidated net profit was ₹6.50 crore, down from ₹6.95 crore a year earlier. Earnings per share were ₹1.64, compared with ₹1.76, a decline of about 6.8%.
On a sequential basis, the picture was stronger. Revenue grew 19.5% from ₹79.27 crore in the June 2026 quarter, and net profit rose 5% from ₹6.19 crore. Total comprehensive income was ₹6.71 crore, flat against the year-ago quarter.
Profitability was squeezed by costs growing faster than sales. Profit before tax rose 5.6% to ₹8.61 crore from ₹8.16 crore, but net margin narrowed to 6.86% from 10.52% a year earlier. Cost of materials consumed surged 68.1% to ₹81.59 crore, and total expenses rose 47.5% to ₹86.55 crore. Other income fell 40.5% to ₹44.4 lakh. Tax expense climbed 75.6% to ₹2.12 crore from ₹1.21 crore, including an ₹11.3 lakh prior-period tax charge.
For the first half of FY27, consolidated revenue was ₹173.98 crore, up 11.6% from the first half of FY26. Profit after tax fell 22% to ₹12.69 crore from ₹16.26 crore, and profit before tax declined 21.1% to ₹16.49 crore from ₹20.90 crore. Half-year EPS was ₹3.21, down from ₹4.11, a drop of about 21.9%. Net margin for the six months stood at 7.29%, against 10.43% a year earlier. Total comprehensive income was ₹12.93 crore, down 21.7% from ₹16.50 crore.
The growth was driven entirely by the India business. India segment revenue rose 62.3% year on year in the quarter to ₹84.54 crore from ₹52.08 crore, and segment profit grew 35.1% to ₹7.39 crore from ₹5.47 crore. The UAE business, run through Tolins Tyres LLC, went the other way. Its revenue fell 27.4% to ₹10.18 crore from ₹14.03 crore, and segment profit roughly halved, down 50.3% to ₹1.57 crore from ₹3.15 crore. India contributed about 89% of quarterly group revenue, up from about 79% a year ago.
Over the half year, India revenue grew 18.4% to ₹153.81 crore, though segment profit slipped 6% to ₹14.20 crore from ₹15.10 crore. UAE revenue fell 22.1% to ₹20.17 crore, and its segment profit dropped 55.3% to ₹2.95 crore from ₹6.59 crore.