TVS Motor Company announced record sales, revenue, and profits for Q3 FY26. Operating revenue grew by 37% to ₹12,476 Crores, with operating EBITDA increasing by 51% to ₹1,634 Crores. The company reported its highest-ever quarterly sales of 15.44 Lakh units, driven by strong motorcycle and scooter sales, including significant growth in the EV segment. PBT before exceptional items grew by 57% to ₹1,315 Crores.
Financial Highlights
TVS Motor Company reported robust financial performance for Q3 FY26, characterized by substantial growth in revenue and profitability:
- Operating Revenue: Increased by 37% to ₹12,476 Crores compared to ₹9,097 Crores in the same quarter last year.
- Operating EBITDA: Grew by 51% to ₹1,634 Crores, up from ₹1,081 Crores.
- EBITDA Margin: Reached a high of 13.1%.
- PBT Before Exceptional Items: Rose by 57% to ₹1,315 Crores, compared to ₹837 Crores.
Sales Performance
The company achieved record sales volumes across various segments:
- Total Sales: Highest-ever quarterly sales of 15.44 Lakh units, a 27% increase.
- Motorcycle Sales: Grew by 31% to 7.26 Lakh units.
- Scooter Sales: Increased by 25% to 6.14 Lakh units.
- International Business: Two-wheeler sales grew by 35% to 3.66 Lakh units.
- Three-Wheeler Sales: Increased by 106% to 0.60 Lakh units.
- EV Sales: Grew by 40%, achieving a record 1.06 Lakh units.
Nine Months Performance
The cumulative performance for the nine months ending December 2025 also showed strong growth:
- Operating Revenue: Increased by 29% to ₹34,463 Crores from ₹26,701 Crores.
- Operating EBITDA: Grew by 41% to ₹4,406 Crores from ₹3,121 Crores.
- PBT Before Exceptional Items: Increased by 43% to ₹3,594 Crores from ₹2,517 Crores.
Key Highlights
- TVS Apache RTX was crowned Indian Motorcycle of the Year 2026.
- TVS Jupiter emerged as the Most Preferred Brand for 2025-26.
Source: BSE
