TVS Motor Company announced a strong financial performance for the fiscal year ended March 31, 2026. The company achieved a record annual revenue of ₹47,270 crore, marking a 30% year-on-year growth. Operating Profit Before Tax (PBT) surged by 40%, reaching ₹4,975 crore. Additionally, the board approved the appointment of Mr. Ravindran Shanmugam as an Independent Director to strengthen its leadership team as it continues to expand its global footprint in sustainable mobility.
Record-Breaking Financial Performance
TVS Motor Company has concluded a landmark fiscal year, reporting its highest-ever annual revenue of ₹47,270 crore for FY 2025-26, a 30% increase over the previous year. Profitability also saw substantial improvement, with Operating PBT rising to ₹4,975 crore, representing a 40% growth compared to the preceding year. The company’s focus on operating efficiency resulted in an Operating EBITDA margin of 12.9% for the full year.
Robust Sales Momentum
The company achieved its highest-ever sales volume of 5.9 million units for the fiscal year, a 24% growth compared to FY 2024-25. Performance in the final quarter (Q4: Jan-Mar 2026) was particularly strong, with revenue reaching a peak of ₹12,808 crore. Quarterly sales volume also hit a record 1.56 million units, reflecting a 28% increase over the same quarter last year. Key segments driving this growth include motorcycles, scooters, and electric vehicles, which saw a 51% jump in sales during the final quarter.
Strategic Leadership Appointment
In a move to bolster its strategic governance, the board has approved the appointment of Mr. Ravindran Shanmugam as an Additional and Non-Executive Independent Director, effective May 13, 2026. Mr. Shanmugam brings a wealth of experience in AI-driven platforms, digital infrastructure, and consumer services, which is expected to support the company’s ongoing digital transformation and global innovation strategies.
Future Outlook and Operations
TVS Motor continues to reinforce its commitment to sustainable mobility. With over 9 lakh electric vehicle customers and significant global expansion, the company is well-positioned to drive future growth. Recent achievements, including production milestones in Indonesia and recognition at the Car & Bike Awards, highlight the brand’s strengthening international presence and product leadership.
Source: BSE
