TVS Motor Reports Highest-Ever Profit and 38% Revenue Growth in Q1 FY2026-27

TVS Motor Reports Highest-Ever Profit and 38% Revenue Growth in Q1 FY2026-27​

TVS Motor Company has reported strong performance for the first quarter of financial year 2026-27, registering its highest-ever revenue and significant growth in profit. The company’s revenue reached Rs. 13,896 Crores, marking a 38% increase compared to the Q1 2025-26 results.

The financial highlights for the quarter include:

• Revenue: Rs. 13,896 Crores (up 38%) against Rs. 10,081 Crores in Q1 FY2025-26.
• Profit After Tax (PAT): Rs. 1,174 Crores, a 51% rise from the Rs. 776 Crores recorded during Q1 of the previous fiscal year.
• EBITDA: Reached Rs. 1,779 Crores, demonstrating a 41% growth compared to the EBITDA of Rs. 1,260 Crores in Q1 FY2025-26.

The company’s EBITDA margin improved by 30 basis points (bps) during the quarter ended June 2026, standing at 12.8%, up from 12.5% in Q1 FY2025-26.

Sales and Segment Performance​

TVS Motor recorded its highest ever quarterly sales volume across all segments. The overall two-wheeler and three-wheeler segment saw substantial growth, contributing to the strong financial performance.

Two-wheelers grew by 28%, achieving a sale of 1.63 Million units, up from 1.28 Million units registered in Q1 FY2025-26.
Scooters sales increased by 36%, recording 0.68 Million units compared to 0.50 Million units in the previous year’s quarter.
Motorcycles sales grew by 19%, reaching 0.74 Million units against 0.62 Million units reported in Q1 FY2025-26.

International Business also performed well, reporting a 33% growth with sales of 0.47 Million units in Q1 2026-27, up from 0.35 Million units in the preceding quarter.

Three-wheelers registered a 48% growth, selling 66,697 units compared to 44,978 units in the prior year’s corresponding period.

Electric Vehicle and Operational Details​

The two-wheeler electric vehicle (EV) segment showed particularly robust growth, with sales surging by 86%. TVS Motor registered 129,940 units sold for EV vehicles in Q1 FY2026-27, a significant increase from the 70,060 units recorded in Q1 FY2025-26. The company now has over 1 Million dedicated EV customers.

The financial results were impacted by global market uncertainties and sharp upward trends in commodity prices, resulting in increased input costs. TVS Motor mitigated these cost increases through price adjustments and focused cost optimization initiatives, leveraging scale benefits.

Quarterly Sales Data Snapshot (Nos. in '000)​

Financial Performance (Rs. in Crores)​

Key aspects of the company's profitability include:

* PAT for the quarter includes a fair valuation gain on investments held by the Company amounting to Rs. 150 Crores, compared to a fair valuation gain of Rs. 28 Crores during Q1 of last year.

TVSMOTOR Stock Price Movement​

Shares of TVS Motor Company are surging to ₹3787 as of 2:37 PM, gaining 5.48% today and demonstrating strong momentum in live trading. The stock has maintained a tight intraday range between a low of ₹3576.8 and a high of ₹3804, with over 1.46 million shares traded so far.