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TVS Motor Reports Record Quarterly Sales, Revenue and Profit in Q3 FY26

TVS Motor Company posted its highest-ever quarterly sales, revenue and profit for the third quarter of fiscal 2026, driven by strong two-wheeler and three-wheeler demand.

Operating Revenue

Rs. 12,476 Crores

Total Sales Volume

15.44 Lakh units

EV Sales

1.06 Lakh units

What Happened

TVS Motor Company reported operating revenue of Rs. 12,476 Crores for the quarter ended December 2025, a 37% increase from Rs. 9,097 Crores a year ago. Operating EBITDA grew 51% to Rs. 1,634 Crores, while profit before tax jumped 57% to Rs. 1,315 Crores. The company achieved its highest ever quarterly EBITDA margin of 13.1%.

Operating Revenue (Q3 FY26)

Rs. 12,476 Crores

up 37% year-over-year

Quarterly Sales Performance
  • Total two-wheeler and three-wheeler sales: 15.44 Lakh units (+27%)
  • Motorcycle sales: 7.26 Lakh units (+31%)
  • Scooter sales: 6.14 Lakh units (+25%)
  • International two-wheeler sales: 3.66 Lakh units (+35%)
  • Three-wheeler sales: 0.60 Lakh units (+106%)
Quarterly EV Sales

1.06 Lakh units

up 40% year-over-year, highest ever

Why this matters

The record results underscore TVS Motor's robust growth trajectory across domestic and international markets, with electric vehicle sales also surging 40%.

Terms in This Story

EBITDA
Earnings before interest, taxes, depreciation, and amortization; a measure of a company's operating performance.
PBT
Profit before tax; a company's profit after deducting all expenses except income tax.
Lakh
A unit in the Indian numbering system equal to one hundred thousand (100,000).
Read Original: TVS Motor Company

Summarised from the linked release; details can be imperfect — always verify against the original source.