TVS Motor Reports 30% Revenue Growth and 40% Operating PBT Growth in FY 2025-26
30%
40%
58.89 lakh units (24% growth)
What Happened
TVS Motor Company posted highest ever revenue for the financial year 2025-26 at Rs. 47,270 Crores, registering a growth of 30% as against Rs. 36,251 Crores recorded in 2024-25. Operating EBITDA for the year at 12.9% improved by 60 basis points over the last year. The Company’s Operating PBT for the year ended March 2026 grew by 40% at Rs. 4,975 Crores as compared to Rs. 3,563 Crores reported during previous year.
During the year, the Board of Directors declared an interim dividend of Rs. 12 per equity share (1,200%), involving an aggregate payout of Rs. 570 Crores for the financial year ended March 31, 2026. The Company also allotted 4 fully paid bonus Non-Convertible Redeemable Preference Shares (NCRPS) of Rs. 10 each per equity share, amounting to Rs. 1,900 Crores, with maturity date September 01, 2026.
Rs. 47,270 Crores
Highest ever, 30% growth over previous year
Rs. 4,975 Crores
40% growth over previous year
In the quarter ended March 2026, TVS Motor achieved highest ever quarterly revenue of Rs. 12,808 Crores. Operating EBITDA margin was 13.1%, a 60 basis point improvement year-over-year on a normalized basis. Overall two-wheeler and three-wheeler sales including international business grew by 28% to 15.60 lakh units in Q4.
Why this matters
Strong financial performance indicates robust demand for TVS Motor's two-wheelers and three-wheelers, including electric vehicles, and improved profitability.
Terms in This Story
- PBT
- Profit Before Tax, a measure of company profitability before income tax expense.
- EBITDA
- Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of operating performance.
- NCRPS
- Non-Convertible Redeemable Preference Shares, a type of preference share that cannot be converted into equity and must be redeemed at maturity.
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