TVS Motor Q3 FY26 Results: Net Profit Rises 49%, Revenue and Sales at Record High

TVS Motor Q3 FY26 Results: Net Profit Jumps 49%, Revenue and Sales Hit Record High

TVS Motor Company delivered a robust financial performance in the third quarter of FY26, reporting its highest-ever quarterly sales, revenue, and profits. Strong demand across motorcycles, scooters, electric vehicles, and three-wheelers, along with margin expansion, supported the company’s impressive growth during the quarter ended December 31, 2025.

Strong Growth in Profit and Revenue

The company’s consolidated net profit surged 49% year-on-year (YoY) to ₹841 crore in Q3 FY26, compared with ₹566 crore in the same quarter last year. Revenue from operations rose sharply by 34% YoY to ₹14,756 crore, up from ₹11,035 crore in Q3 FY25, reflecting healthy volume growth and improved product mix.

Operating performance also remained strong. EBITDA climbed 37.2% to ₹2,271 crore from ₹1,654 crore a year ago. The EBITDA margin improved to 15.3% in the reporting quarter, compared with 14.9% in Q3 FY25, indicating better cost efficiencies and operating leverage.

Record Performance Over Nine Months

For the nine months ended December 2025, TVS Motor posted solid cumulative growth. Operating revenue increased by 29% to ₹34,463 crore, compared with ₹26,701 crore in the corresponding period last year.

During the same period, operating EBITDA rose 41% to ₹4,406 crore. Profit after tax (PAT) for the nine-month period stood at a strong ₹2,625 crore, underlining sustained profitability across business segments.

Vehicle Sales Touch All-Time High

TVS Motor achieved its highest-ever quarterly vehicle sales in Q3 FY26. Total two-wheeler and three-wheeler sales, including international operations, grew 27% YoY to 15.44 lakh units, compared with 12.12 lakh units in the same quarter last year.

Key Segment-Wise Sales Highlights

• Motorcycles: Sales rose 31% to 7.26 lakh units, up from 5.56 lakh units in Q3 FY25.
• Scooters: Sales increased 25% to 6.14 lakh units, compared with 4.93 lakh units a year ago.
• International two-wheeler business: Volumes grew 35% YoY to 3.66 lakh units.
• Three-wheelers: Sales more than doubled, rising 106% to 0.60 lakh units, from 0.29 lakh units in the year-ago quarter.

Electric Vehicle Sales Gain Momentum

The company’s electric vehicle (EV) segment continued its strong growth trajectory. EV sales jumped 40% YoY, reaching a record 1.06 lakh units in Q3 FY26, compared with 0.76 lakh units in the same quarter last year. This growth highlights rising consumer adoption of electric mobility and TVS Motor’s expanding EV portfolio.

Outlook

With record sales volumes, improving margins, and strong demand across domestic and international markets, TVS Motor has entered the second half of FY26 on a solid footing. Continued focus on electric vehicles, exports, and premium offerings could support sustainable growth going forward.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Read More

TVS Motor Q3 FY25 Results: Profit Rises, Stock Up 5%, EBITDA Margin Expands

TVS Motor Company Reports Strong Q3 FY25 Results, Stock Jumps 5%

TVS Motor Company has announced impressive financial results for the third quarter of the fiscal year 2025 (Q3 FY25), leading to a more than 5% increase in its stock price. The company demonstrated growth across key performance indicators, including net profit, revenue, and EBITDA margin.

Financial Performance Highlights

In Q3 FY25, TVS Motor Company reported a net profit of Rs 618 crore, marking a 4.2% increase compared to the same period in the previous fiscal year. This growth is attributed to increased sales volumes and enhanced operational efficiencies. The company's revenue from operations also saw a significant rise, climbing 10% year-on-year to reach Rs 9,097 crore, up from Rs 8,245 crore in Q3 FY24. This reflects sustained demand for TVS Motor's diverse product lineup.

Following the announcement of these robust Q3 results, TVS Motor's share price surged over 5%, reaching Rs 2,348 on the National Stock Exchange (NSE).

EBITDA and Profit Before Tax

TVS Motor Company's operating EBITDA for Q3 FY25 surged by an impressive 17% year-on-year, reaching Rs 1,081 crore compared to Rs 924 crore in the same quarter of the previous year. The EBITDA margin also improved, rising to 11.9% from 11.2% in Q3 FY24, marking the highest margin achieved by the company.

The company reported a Profit Before Tax (PBT) of Rs 837 crore for the quarter, an 8% increase from Rs 775 crore in Q3 FY24. However, the PBT included a fair valuation loss of Rs 41 crore, contrasting with a gain of Rs 65 crore recorded in the same period last year.

Sales Performance Across Segments

TVS Motor Company reported a 10% increase in overall two-wheeler and three-wheeler sales, including exports, reaching 12.12 lakh units in Q3 FY25, up from 11.01 lakh units in the year-ago quarter.

• Scooter sales experienced significant growth, increasing by 22% year-on-year to 4.93 lakh units.
• Motorcycle sales rose by 6% to 5.56 lakh units.
• Three-wheeler sales, however, decreased to 0.29 lakh units from 0.38 lakh units in Q3 FY24.

Electric Vehicle (EV) Segment Growth

The electric scooter segment demonstrated remarkable growth, with sales surging by 57% to 0.76 lakh units in Q3 FY25, compared to 0.48 lakh units in the same quarter last year. This highlights the company's increasing emphasis on the burgeoning EV market.

Nine-Month Performance Overview

For the nine months ending December 2024, TVS Motor's two-wheeler sales, including exports, increased by 14% year-on-year, reaching 34.29 lakh units. This included:

• A 19% rise in scooter sales to 14.01 lakh units.
• A 10% increase in motorcycle sales to 16.31 lakh units.
• A remarkable 40% growth in electric vehicle sales to 2.03 lakh units, showcasing strong demand for the company's EV offerings.

In the three-wheeler segment, sales declined to 0.98 lakh units for the nine-month period from 1.16 lakh units in the previous year. However, the company's two-wheeler exports saw a 19% increase, reaching 7.78 lakh units during the nine months.

TVS Motor Company's strong Q3 results and robust growth in the EV sector demonstrate its strategic positioning and adaptability in the evolving automotive market. The company's performance indicates continued growth potential and a strong focus on innovation and sustainability.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

Read More