TVS Motor Q2 FY26 Revenue Jumps 29%, Posts Record Sales

TVS Motor Company announced a 29% increase in revenue for the quarter ended September 30, 2025, reaching ₹11,905 Crores. The company reported its highest-ever quarterly sales of 15.07 Lakh units, with a 40% growth in operating EBITDA. EV sales also saw a 7% increase, achieving record quarterly sales. The company launched four new products in the last three months.

Financial Performance

TVS Motor Company reported strong financial results for the second quarter of fiscal year 2026. Key highlights include:

  • Revenue from Operations: ₹11,905 Crores, a 29% increase compared to ₹9,228 Crores in Q2 FY25.

  • Operating EBITDA: ₹1,509 Crores, a 40% increase compared to ₹1,080 Crores in Q2 FY25. The operating EBITDA margin improved by 100 bps to 12.7%.

  • Profit Before Tax (PBT): ₹1,226 Crores, a 37% increase from ₹897 Crores in Q2 FY25.

Sales Performance

The company achieved its highest-ever quarterly sales volume.

  • Total Sales: 15.07 Lakh units, a 23% increase compared to 12.28 Lakh units in Q2 FY25.

  • Motorcycle Sales: 6.73 Lakh units, a 20% increase.

  • Scooter Sales: 6.39 Lakh units, a 30% increase.

  • International Business (Two-Wheelers): Increased by 31% to 3.63 Lakh units.

  • Three-Wheeler Sales: Increased by 41% to 0.53 Lakh units.

EV Sales

  • EV Sales: Increased by 7%, reaching 0.80 Lakh units in Q2 FY26 compared to 0.75 Lakh units in Q2 FY25. Achieved highest ever quarterly sales.

Half-Yearly Performance

The company demonstrated strong growth for the half-year ended September 2025:

  • Total Two-Wheeler Sales: 26.86 Lakh units, a 20% increase.

  • Total Three-Wheeler Sales: 0.98 Lakh units, a 43% increase.

  • International Business (Two & Three-Wheelers): 7.52 Lakh units, a 34% increase.

  • Revenue: ₹21,986 Crores, a 25% increase.

  • PBT: ₹2,279 Crores, a 36% increase.

New Product Launches

TVS Motor Company launched four new products:

  • TVS Orbiter: A stylish EV.

  • TVS King Kargo HD EV: An EV for urban logistics.

  • TVS NTORQ 150: A powerful scooter.

  • TVS Apache RTX: An adventure tourer.

Source: BSE

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