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Live2026-10-05 16:41 UTC+26 todayUpdated

TVS Motor Q2 sales rise 27% as two-wheelers hit 1.8 million units; EV sales up 133%

TVS Motor Company sold 1.9 million vehicles in the second quarter of FY 2026-27, with two-wheeler sales up 27% and electric two-wheeler sales up 133%.

Q2 FY 2026-27 total sales
1.9 million units
Q2 two-wheeler EV sales
186K units, up 133%
September 2026 total sales
672,790 units, up 24%
September 2026 two-wheeler EV sales
65,799 units, up 110%

What Happened

TVS Motor Company, part of TVS VENU, reported quarterly sales of 1.9 million units in the second quarter of fiscal year 2026-27, according to a statement dated October 1, 2026 from Bengaluru. Two-wheelers grew 27% to 1.8 million units, from 1.5 million units in the same quarter of FY 2025-26. Three-wheelers rose 47% to 78,475 units from 53,449 units, while total international business grew 35% to 0.5 million units from 0.4 million units. Two-wheeler EV sales grew 133% to 186K units in the quarter.

Q2 FY 2026-27 total sales

1.9 millionunits

Quarterly sales across two-wheelers, three-wheelers and international business.

Q2 FY 2026-27 vs Q2 FY 2025-26
Two-wheelers
1.8 million units, up 27% from 1.5 million
Three-wheelers
78,475 units, up 47% from 53,449
International business
0.5 million units, up 35% from 0.4 million

For September 2026 alone, TVS Motor recorded a 24% increase in sales to 672,790 units, against 541,064 units in September 2025. Total two-wheelers grew 23% to 645,955 units from 523,923 units, of which domestic two-wheelers were 482,073 units, up 17% from 413,279 units. Two-wheeler EVs rose 110% to 65,799 units from 31,266 units, and total international business grew 48% to 180,700 units from 122,108 units.

September 2026 sales by segment
  • Total sales: 672,790 units, up 24% from 541,064
  • Two-wheelers: 645,955 units, up 23% from 523,923
  • Domestic two-wheelers: 482,073 units, up 17% from 413,279
  • Two-wheeler EVs: 65,799 units, up 110% from 31,266
  • International business: 180,700 units, up 48% from 122,108
  • Three-wheelers: 26,835 units, up 57% from 17,141
September 2026 two-wheeler EV sales

65,799units

Up 110% from 31,266 units in September 2025.

Previously from TVS Motor Company

TVS Motor said it sold 616,540 vehicles in August 2026, a 21% jump from a year earlier, with electric two-wheeler sales soaring 137%. In mid-September the company said its iQube range had passed one million sales, marking the milestone by handing over more than 100 iQube MillionR electric scooters in Pune in a single day.

Background drawn from MotorClaw's earlier coverage of TVS Motor Company's official releases.

Why this matters

The numbers show TVS growing in every category it reports — domestic petrol two-wheelers, exports and three-wheelers — with electric two-wheelers expanding several times faster than the rest. For buyers and rivals, the update is a gauge of demand for two- and three-wheelers, including electric models, across TVS's domestic and international business.

Terms in This Story

FY
Fiscal year — a company's 12-month accounting period, which does not always match the calendar year.
Two-wheeler
A motorcycle or scooter with two wheels.
Three-wheeler
A three-wheeled vehicle, often used as a small taxi or cargo carrier.
EV
Electric vehicle — a vehicle powered by an electric battery and motor rather than a petrol or diesel engine.
Read Original: TVS Motor Company

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

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