TVS Motor hits new highs in Q1: revenue crosses ₹10K cr, profit jumps 35%

TVS Motor Company, a leading two- and three-wheeler maker, has kicked off the fiscal year on a high note with record-breaking financials and sales across segments during the first quarter of FY26. The company’s quarterly standalone revenue crossed the ₹10,000-crore mark, driven by strong double-digit year-on-year growth, while net profit also saw a substantial increase during the period.

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The company’s standalone Profit After Tax (PAT) surged 35%, reaching ₹779 crore in Q1 of the current fiscal, compared to ₹577 crore in Q1 FY25.

TVS Motor reported total operating revenue of ₹10,081 crore for the quarter ended June 2025, up from ₹8,376 crore in the same period last year.

This robust topline was backed by record earnings, with the company posting its highest-ever operating EBITDA at ₹1,263 crore—a 32% increase compared to ₹960 crore in Q1 FY25. The operating EBITDA margin improved by 100 basis points, rising to 12.5% from 11.5% in the corresponding quarter of the previous year.

The company also recorded its highest-ever Profit Before Tax (PBT), which rose 35% to ₹1,053 crore in Q1 FY26, as against ₹783 crore a year earlier.

TVS’s strong and best-ever quarterly sales performance was driven by a 17% year-on-year increase in total two-wheeler and three-wheeler sales (including exports). It sold 12.77 lakh units during the quarter ended June 2025, up from 10.87 lakh units in the same period of the previous fiscal.

Motorcycle sales led the charge with 21% growth, reaching 6.21 lakh units—up from 5.14 lakh units a year ago. Scooter sales rose by 19%, with 4.99 lakh units sold compared to 4.18 lakh units in Q1 FY25. The three-wheeler segment posted the sharpest growth, jumping 46% to 0.45 lakh units from 0.31 lakh units.

TVS also continued to make strides in the electric mobility space. Electric scooter sales grew by 35%, with 0.70 lakh units sold in Q1 FY26, compared to 0.52 lakh units in the same quarter last year, the company said in a statement.

On a consolidated basis, the company’s PAT stood at ₹643 crore, up from ₹485 crore, while revenue rose to ₹12,210 crore compared with ₹10,314 crore in the corresponding quarter last year.

The company’s Board, at its meeting on Thursday, approved a proposal to raise up to ₹500 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis, in one or more tranches or series, over a period of time.

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