TVS Motor Achieves Highest ever Revenue
with 44% Growth in Q2 2026-27
- Record Revenue of Rs. 17,103 Crores in Q2 2026-27
- Highest Ever Sales of 1.9 Million Units
- Profit After Tax Grew by 52% at Rs. 1,377 Crores
Bengaluru, October 28, 2026: TVS Motor Company, part of TVS VENU, posted revenue for the second quarter of financial year 2026-27 at Rs. 17,103 Crores, registering a growth of 44% as against Rs. 11,905 Crores recorded in the second quarter of 2025-26.
The Company posted its highest EBITDA of Rs. 2,219 Crores with a growth of 47% for the second quarter of 2026-27 as against EBITDA of Rs. 1,507 Crores in the same period of 2025-26. The Company’s EBITDA margin improved by 30bps at 13.0% during the quarter ended September 2026 as against 12.7% in the quarter ended September 2025.
During the current quarter, the Company’s Profit After Tax grew by 52% at Rs. 1,377 Crores as against Rs. 904 Crores during the second quarter of 2025-26.
SALES Q2FY 2026-27:
During the second quarter of the financial year 2026-27, the Company registered the highest ever quarterly sales. The overall twoand three-wheeler sales grew by 27% at 1.9 Million units as against 1.5 Million units registered in the quarter ended September 2025. Motorcycles sales during the quarter under review grew by 28% recording 0.9 Million units as against 0.7 Million units in the quarter ended September 2025. Scooters sales during the quarter under review grew by 29% at 0.8 Million units as against 0.6 Million units in the quarter ended September 2025. International Business reported a growth of 35% with sales of 0.5 Million units in Q2 2026-27 as against 0.4 Million units in the second quarter of 2025-26.
Two-wheeler electric vehicles grew by 133% registering sales of 186,186 units in the second quarter of 2026-27 as against 80,009 units during second quarter of 2025-26.
Three-wheelers sales for the quarter under review grew by 47% to 78,475 units in the second quarter ended September 2026 as against 53,449 units in the quarter ended September 2025.
Half-year results:
The total two-wheeler sales of the Company for the half-year ended September 2026 grew by 27% registering 3.4Million units as against 2.7Million units recorded in the half-year ended September 2025. The total three-wheeler sales for the half-year ended September 2026 grew by 47% at 145,172 units as against 98,427 units registered in the half-year ended September 2025. The total sales in International Business of two and three-wheelers for the half-year ended September 2026grew by 34% at 1.0 Million units as against 0.8Million units in the half-year ended September 2025.
Total revenue for the half-year ended September 2026grew by 41% at Rs. 30,999 Crores against Rs. 21,986 Crores in the halfyear ended September 2025. PBT for the halfyear ended September 2026 grew by 52% at Rs. 3,454 Crores as against Rs. 2,274 Crores in the half-year ended September 2025.
About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR), part of TVS VENU, is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. TVS Motor Company endeavours to deliver the most superior customer experience across 90 countries in which we operate. For more information, please visit www.tvsmotor.com.
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For more information, please contact:
KS Harini: ks.harini@tvsmotor.com
Prasant Ramakrishnan: prasant.ramakrishnan@tvsmotor.com