TVS Motor Q2FY26: Company Posts Record INR 11,905 Crore Revenue and 29 Per Cent Growth

TVS Motor Q2FY26

Bengaluru: TVS Motor Company has reported its highest-ever quarterly performance in Q2FY26, achieving strong growth in sales, revenue, and profitability.

In TVS Motor Q2FY26, the company’s operating revenue rose 29% year-on-year to ₹11,905 crore for the quarter ended September 2025, compared to ₹9,228 crore in the same period last year.

TVS Motor Q2FY26: Record Financial Performance

TVS Motor posted its highest-ever operating EBITDA of ₹1,509 crore, a 40% rise from ₹1,080 crore in Q2FY25. The company’s operating EBITDA margin improved by 100 basis points to 12.7% from 11.7% in the previous year.

Profit Before Tax (PBT) grew 37% to ₹1,226 crore despite a fair valuation loss of ₹31 crore on investments, compared to a gain of ₹23 crore in Q2FY25.

Also Read: TVS Orbiter Debuts in Maharashtra: 158 km Range and Industry-First 14” Front Wheel

Highest-Ever Sales Volume in TVS Motor Q2FY26

Total sales of two-wheelers and three-wheelers, including exports, grew 23% year-on-year to reach an all-time high of 15.07 lakh units in Q2FY26, up from 12.28 lakh units a year earlier.

  • Motorcycle sales rose 20% to 6.73 lakh units.
  • Scooter sales surged 30% to 6.39 lakh units.
  • Three-wheeler sales jumped 41% to 0.53 lakh units.
  • International two-wheeler sales grew 31% to 3.63 lakh units.

Electric vehicle (EV) sales reached a record 0.80 lakh units in TVS Motor Q2FY26, up 7% from 0.75 lakh units in the previous year. The company noted that magnet availability continues to pose challenges in the short to medium term.

Also Read: TVS Motor and ALT Mobility Join Hands for 3000 Electric Three-Wheeler Deployment

Strong Half-Yearly Performance

For the half-year ended September 2025, TVS Motor recorded a total revenue of ₹21,986 crore, up 25% from ₹17,604 crore in H1FY25. PBT grew 36% to ₹2,279 crore from ₹1,680 crore last year.

  • Two-wheeler sales increased 20% to 26.86 lakh units.
  • Three-wheeler sales rose 43% to 0.98 lakh units.
  • International business grew 34% to 7.52 lakh units.

TVS Motor Q2FY26: New Product Launches Strengthen Portfolio

During the quarter, TVS Motor introduced four new models to expand its product range:

  • TVS Orbiter EV: A smart, connected electric two-wheeler for urban commuting.
  • TVS King Kargo HD EV: A sustainable electric cargo three-wheeler for urban logistics.
  • TVS NTORQ 150: India’s first hyper sport scooter offering advanced performance.
  • TVS Apache RTX: A premium adventure rally tourer built for exploration and off-roading.

All new models have received strong customer response, reinforcing TVS Motor’s leadership in innovation and mobility solutions.

Author

  • Salil Urunkar

    Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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