TVS Motor posts 38% revenue growth and highest-ever profit in Q1 FY2026-27
TVS Motor Company reported record revenue and profit for Q1 FY2026-27, with revenue up 38% year-on-year.
- 38%
- Rs 1,174 crore
- Rs 1,779 crore
- 86%
What Happened
TVS Motor Company posted its highest-ever quarterly revenue of Rs 13,896 crore in Q1 FY2026-27, a 38% increase from Rs 10,081 crore a year earlier. Profit after tax jumped 51% to Rs 1,174 crore, while EBITDA rose 41% to Rs 1,779 crore. The company also achieved its highest-ever quarterly sales volume of 1.63 million two- and three-wheelers, up 28% year on year.
- Rs 13,896 crore vs Rs 10,081 crore
- Rs 1,779 crore vs Rs 1,260 crore
- Rs 1,174 crore vs Rs 776 crore
- Motorcycles: 0.74 million units, up 19%
- Scooters: 0.68 million units, up 36%
- Three-wheelers: 66,697 units, up 48%
- International business: 0.47 million units, up 33%
- Electric two-wheelers: 129,940 units, up 86%
The company faced sharply higher commodity prices during the quarter because of global market uncertainties, which raised input costs. TVS partially offset these increases through price adjustments and cost-optimisation initiatives, including scale benefits. The company also noted that it now has more than 1 million electric vehicle customers.
Previously from TVS Motor Company
In July 2026, TVS recorded its highest-ever monthly sales of 629,675 units, up 38% year on year. The company also delivered a record 52,108 electric scooters in July, up 121% year on year.
- TVS Motor Reports Highest-Ever Monthly Sales of 629,675 Units in July 2026
- TVS Sells Record 52,108 E-Scooters in July; India E-2W Market Reaches 191,949 Units
Background drawn from MotorClaw's earlier coverage of TVS Motor Company's official releases.
Why this matters
The results show strong demand for TVS's two- and three-wheelers, especially electric vehicles, which grew 86%. Rising commodity prices pushed up costs, but the company improved margins and will pass some increases to buyers through price adjustments. Strong sales in India and international markets signal continued growth for the company.
Terms in This Story
- EBITDA
- Earnings before interest, taxes, depreciation, and amortization; a measure of a company's operating profitability.
- Profit After Tax (PAT)
- Net income remaining after all expenses and taxes have been deducted from revenue.
- Crore
- A unit in the Indian numbering system equal to ten million.
Summarised from the linked release; details can be imperfect — always verify against the original source.