Q1
TVS Apache line-up
TVS electric powertrain
TVS iQube at expo
TVS concept motorcycle

Refreshing performance portfolio

  • Updated TVS Apache RR 310 launched in April 2025
  • Refreshed Apache RTR 200 4V and Apache RTR 160 variants introduced in June 2025
  • Reinforced premium and performance positioning

Expanding everyday mobility choices

  • Introduced Jupiter 125 DT SXC in May 2025
  • Refreshed iQube S and iQube ST range
  • Through these, strengthened scooter and EV portfolio across practicality, style and usability

Laying the groundwork for electric growth

  • Expanded EV portfolio and strengthened market readiness
  • Created the foundation for stronger EV momentum throughout the year

Strengthening premium and lifestyle appeal

  • Continued focus on experience-led and lifestyle-oriented positioning
  • Deepened connect with aspirational and performance-seeking riders
03
Major product refreshes introduced across Apache, Jupiter, and iQube portfolios in Q1
Q2
TVS riders line-up
TVS motorcycles ready for despatch
TVS performance scooter
TVS scooter cluster

Record quarterly momentum

  • Achieved highest-ever quarterly revenue, EBITDA and profits in Q2 FY 2025-26
  • Operating revenue rose to ₹11,905 crore
  • Operating EBITDA reached ₹1,509 crore, supported by stronger scale, richer mix and disciplined execution

Expanding into emerging mobility segments

  • Launched TVS Orbiter in August 2025, strengthening our electric mobility offering
  • Introduced TVS NTORQ 150 in September 2025, expanding our performance scooter portfolio
  • Celebrated two decades of Apache with the launch of Apache 20th Anniversary Limited Editions in September 2025
  • Entered a new touring segment with the launch of TVS Apache RTX 300 in October 2025

Scaling international business

  • Recorded highest-ever exports of around 4 lakh units during Q2
  • Export revenues rose to ₹2,885 crore
  • Growth reflected improving traction across key international markets and stronger overseas relevance

EV strategy gains breadth

  • Electric two-wheeler sales reached 80,000 units
  • EV revenues stood at around ₹1,269 crore
  • Continued to strengthen the scale and reach of the electric mobility portfolio

Strengthening commercial mobility

  • Three-wheeler sales rose 41% to 53,000 units
  • Growth was driven by stronger demand in last-mile passenger and goods mobility
  • Reinforced commercial mobility as an increasingly important growth driver for the business
80,000 units
Electric two-wheeler sales in Q2
Q3
Norton Motorcycles headquarters
TVS concept motorcycle on display
TVS Apache RTX adventure ride

Highest-ever quarterly sales

  • Recorded highest-ever quarterly sales of 15.44 lakh two- and three-wheelers in FY 2025-26
  • Performance reflected strong demand across segments and sustained operating momentum

International business steps up

  • International business volumes rose
    40% Y-o-Y to 4.10 lakh units in Q3
  • Growth was supported by stronger demand across key overseas markets

Encouraging response to our
EV portfolio

  • Demand remained encouraging
    for both TVS iQube and TVS Orbiter
  • EV sales reached a highest-ever 1.06 lakh units during the quarter

Earning recognition in performance motorcycling

  • TVS Apache RTX was recognised as IMOTY 2026 during the quarter
  • Reinforced the product’s appeal as a segment-opening motorcycle
  • Strengthened TVSM’s position in premium and performance motorcycling
4.10 Lakh units
International business volume in Q3
Q4
TVS electric scooter with delivery bag
TVS scooter detail
TVS Apache RTR 310 in Morocco

Achieving record export momentum

  • Highest ever quarterly sale of 15.6 lakh units, registering 28% growth from Q4 2025
  • Recorded highest-ever monthly exports of 1,58,268 units in February 2026

Expanding commercial mobility offerings

  • Launched TVS King Kargo HD CNG in February 2026
  • Strengthened presence in last-mile cargo mobility
  • Enhanced offering for urban transport operators through higher payload, mileage and operating efficiency

Strengthening the EV ecosystem

  • Introduced TVS Orbiter V1 BaaS variant in March 2026
  • Expanded accessibility within the Orbiter range and strengthened urban electric mobility play
  • Extended Battery-as-a-Service across the EV portfolio, offering greater ownership flexibility

Advancing global ambitions

  • Crossed 1 million unit cumulative production in Indonesia
  • Apache RTR 310 makes its debut in Morocco
  • Displayed TVS Jupiter 125 in Milan as part of ‘Art on Wheels’

Closing the year on record highs

  • Ended FY 2025-26 with record highs in sales, revenue and operating profitability
  • Reflected disciplined execution across multiple growth engines
1,58,268 units
Highest-ever monthly export volume recorded in February 2026