Tenneco Clean Air India reported a 15% year-on-year increase in profit after tax (PAT) to ₹173 crore for the second quarter of FY27, compared with ₹150 crore in the corresponding quarter of the previous fiscal.
Revenue from operations surged 34.2% to ₹1,718 crore in Q2FY27 from ₹1,280 crore a year earlier, reflecting strong market growth, market share gains and increased business from original equipment manufacturers (OEMs).
The automotive component manufacturer, which supplies clean air, powertrain and advanced ride technologies to major vehicle manufacturers, said its growth momentum continued through both the second quarter and the first half of FY27.
Advanced ride technologies secure new orders
Tenneco strengthened its position in Advanced Ride Technologies (ART), retaining approximately 55% share of the passenger vehicle market in H1FY27.
The company secured a major order from a leading Indo-Chinese joint venture, winning business across three new vehicle platforms. It also entered the three-wheeler segment by securing a suspension business contract from an Indo-Korean joint venture.
Production volumes of its DCx DaVinci suspension technology increased with the three-door Mahindra Thar programme. The company also secured orders for two next-generation models from an existing leading Japanese passenger vehicle OEM and expanded its engagement with a Vietnamese manufacturer across three new platforms.
In another technology milestone, Tenneco locally manufactured India’s first semi-active CVSAe suspension system for commercial vehicles.
Clean air and powertrain business expands
In its Clean Air and Powertrain (CA & PT) business, Tenneco maintained its leadership position with approximately 59% share of the commercial vehicle market in H1FY27.
The company introduced a new hot-end exhaust programme for a leading Indian commercial vehicle manufacturer and entered the compressed natural gas (CNG) market with a cold-end assembly programme for a European passenger vehicle manufacturer.
It also secured a new spark plug order from a European passenger vehicle manufacturer, strengthening its presence in the segment.
Order book provides long-term revenue visibility
Tenneco India Whole-Time Director and CEO Arvind Chandra said the company’s growth was driven by overall market expansion, market share gains and disciplined execution.
He said the company continued to strengthen customer relationships and expand its technology presence through new platform wins, localisation initiatives and successful commercialisation programmes.
Tenneco’s order book now provides revenue visibility exceeding 100% of its FY30 target revenues, supporting expectations of a healthy double-digit compound annual growth rate (CAGR), Chandra said.
The company is continuing to invest in capacity expansion, localisation and innovation to support future growth, including the establishment of a new Clean Air manufacturing facility in western India.
With a strong order pipeline, increasing domestic and export penetration and technology-led customer acquisitions, Tenneco expects to sustain growth above the broader market.
The latest performance highlights the growing importance of technology-intensive automotive components, particularly advanced suspension systems, emission-control solutions and powertrain applications, as vehicle manufacturers expand their product portfolios and meet evolving mobility and emission requirements.