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TVS Motor Company28 JanBusinessHigh confidence

TVS Motor Achieves Highest Ever Quarterly Sales, Revenue and Profit in Q3FY26

Operating Revenue

Rs. 12,476 crore

EBITDA Margin

13.1%

Total Sales

15.44 lakh units

What Happened

TVS Motor Company reported operating revenue of Rs. 12,476 crore for Q3FY26, a 37% increase year-over-year. Operating EBITDA grew 51% to Rs. 1,634 crore with a margin of 13.1%, the highest ever. Profit before tax (PBT) rose 57% to Rs. 1,315 crore. The company also achieved record quarterly sales of 15.44 lakh units, up 27%.

Q3FY26 vs Q3FY25 Key Financials
Operating Revenue
Rs. 12,476 crore vs Rs. 9,097 crore
Operating EBITDA
Rs. 1,634 crore vs Rs. 1,081 crore
PBT
Rs. 1,315 crore vs Rs. 837 crore
Sales Highlights
  • Motorcycle sales grew 31% to 7.26 lakh units
  • Scooter sales grew 25% to 6.14 lakh units
  • Three-wheeler sales surged 106% to 0.60 lakh units
  • EV sales up 40% to 1.06 lakh units
  • International two-wheeler sales up 35% to 3.66 lakh units

Why this matters

The record results reflect strong demand across TVS's motorcycle, scooter, and three-wheeler segments, as well as a 40% jump in EV sales, positioning the company for continued growth.

Terms in This Story

EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization; a measure of a company's operating performance.
PBT
Profit Before Tax; earnings after all expenses except tax.
Crore
A unit in the Indian numbering system equal to ten million.
Lakh
A unit in the Indian numbering system equal to one hundred thousand.
Read Original: TVS Motor Company