TVS Motor Company reported its highest-ever quarterly sales in Q2FY26, crossing the 15 Lakh unit milestone. Q2FY26 sales grew by 22%, while September 2025 sales increased by 12%. The company’s two-wheeler sales rose by 22%, and exports saw a growth of 30%. Electric vehicle sales continue to face challenges.
Record Sales Performance
TVS Motor Company announced its highest-ever quarterly sales during the second quarter of the financial year 2025-26 (Q2FY26), with total sales reaching 15.07 Lakh units. This marks a significant achievement for the company.
Sales Growth Details
The company’s two-wheeler sales grew by 22%, increasing from 11.90 Lakh units in Q2FY25 to 14.54 Lakh units in Q2FY26. Three-wheeler sales also saw substantial growth, rising by 41% from 0.38 Lakh units in Q2FY25 to 0.53 Lakh units in Q2FY26. Total exports registered a growth of 30%, with sales increasing from 3.09 Lakh units in Q2FY25 to 4.00 Lakh units in Q2FY26.
September 2025 Sales Update
In September 2025, TVS Motor Company recorded monthly sales of 541,064 units, reflecting a growth of 12% compared to 482,495 units in September 2024.
Two-Wheeler Performance
Total two-wheeler sales increased by 11%, from 471,792 units in September 2024 to 523,923 units in September 2025. Domestic two-wheeler sales grew by 12%, increasing from 369,138 units in September 2024 to 413,279 units in September 2025.
Motorcycle and Scooter Sales
Motorcycle sales registered a growth of 9%, with sales increasing from 229,268 units in September 2024 to 249,621 units in September 2025. Scooter sales experienced a growth of 17%, rising from 186,751 units in September 2024 to 218,928 units in September 2025.
Electric Vehicle Sales
Electric vehicle (EV) sales grew by 8%, increasing from 28,901 units in September 2024 to 31,266 units in September 2025. However, magnet availability continues to pose challenges in the short to medium term.
International Business Growth
The company’s total exports registered a growth of 10%, with sales increasing from 111,007 units in September 2024 to 122,108 units in September 2025. Two-wheeler exports grew by 8%, with sales increasing from 102,654 units in September 2024 to 110,644 units in September 2025.
Three-Wheeler Sales Growth
Three-wheeler sales registered a significant growth of 60%, with sales increasing from 10,703 units in September 2024 to 17,141 units in September 2025.
Source: BSE
