TVS Motor Company has announced its financial results for the second quarter of fiscal year 2026-27, reporting its highest-ever revenue of ₹17,103 Crores, a 44% increase year-on-year. Profit After Tax also saw a significant jump of 52% to ₹1,377 Crores. The company achieved its highest ever sales volume of 1.9 million units during the quarter, driven by strong performance across all segments.
TVS Motor Reports Record Financials for Q2 FY27
TVS Motor Company has declared exceptional financial results for the quarter ended September 30, 2026. The company achieved its highest-ever revenue, reaching ₹17,103 Crores, which represents a substantial 44% growth compared to ₹11,905 Crores in the same quarter of the previous fiscal year (Q2 FY26).
Profitability Soars Amidst Sales Growth
In line with the revenue surge, the company’s Profit After Tax (PAT) grew by an impressive 52% to ₹1,377 Crores for Q2 FY27, up from ₹904 Crores in Q2 FY26. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also saw robust growth, increasing by 47% to ₹2,219 Crores, with the EBITDA margin improving to 13.0% from 12.7% in the prior year period.
Record Sales Volumes Across Categories
The quarter also marked a record for sales volumes, with total two and three-wheeler sales reaching 1.9 million units, a 27% increase over the 1.5 million units sold in Q2 FY26. Motorcycles sales grew by 28% to 0.9 million units, while scooter sales saw a 29% increase to 0.8 million units. International business contributed significantly with a 35% growth, reaching 0.5 million units.
Electric Vehicle Segment Shows Explosive Growth
The electric vehicle segment exhibited remarkable expansion, with two-wheeler EV sales surging by 133% to 186,186 units in Q2 FY27, compared to 80,009 units in the corresponding quarter of the previous year. Three-wheeler sales also performed strongly, growing by 47% to 78,475 units.
Half-Yearly Performance Highlights
For the half-year ended September 30, 2026, TVS Motor Company reported a total revenue of ₹30,999 Crores, a 41% increase from ₹21,986 Crores in the first half of FY26. Profit Before Tax (PBT) for the half-year rose by 52% to ₹3,454 Crores. Total sales for the half-year stood at 3.5 million units, marking a 28% growth.
Source: BSE
