NSEPress Release4d ago · 28 Oct 2026, 03:27 pm
Press Release
TVS Motor Company Limited · TVSMOTOR
✦ AI Summary▲ PositiveResults
TVS Motor Company Limited has announced its un-audited financial results for the quarter ended 30th September 2026, reporting a 44% growth in revenue to Rs. 17,103 Crores, with a profit after tax of Rs. 1,377 Crores, a 52% increase from the same period last year.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment9/10
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Full Announcement
TVS Motor Company Limited has informed the Exchange regarding a press release dated October 28, 2026, titled "Press release on Un-audited Financial Results (Limited Reviewed) and presentation on financial performance for the quarter ended 30th September 2026".
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28th October 2026
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor,
Dalal Street, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (E), Mumbai 400 051
S crip code: 532343 Scrip code: TVSMOTOR
Dear Sir(s)/Madam,
Sub: Press release on Un-audited Financial Results (Limited Reviewed) and
presentation on financial performance for the quarter ended 30th September
2026
* * *
In continuation to our letter dated 16th October 2026 , forwarding a copy of the Unaudited
Standalone and Consolidated Financial Results for the quarter ended 30th September 2026, we
are enclosing a Press Release issued by the Company (Annexure 1) and a presentation on
financial performance of the Company (Annexure 2).
Thanking you,
Yours faithfully,
For TVS MOTOR COMPANY LIMITED
K S Srinivasan
Company Secretary
Encl.: a/a
Website: www.tvsmotor.com Email: contactus@tvsmotor.com CIN: L35921TN1992PLC022845
PRESS
RELEASE
TVS Motor Achieves Highest ever Revenue
with 44% Growth in Q2 2026-27
• Record Revenue of Rs. 17,103 Crores in Q2 2026-27
• Highest Ever Sales of 1.9 Million Units
• Profit After Tax Grew by 52% at Rs. 1,377 Crores
Bengaluru, October 28, 2026: TVS Motor Company, part of TVS VENU, posted revenue
for the second quarter of financial year 2026-27 at Rs. 17,103 Crores, registering a growth of
44% as against Rs. 11,905 Crores recorded in the second quarter of 2025-26.
The Company posted its highest EBITDA of Rs. 2,219 Crores with a growth of 47% for the
second quarter of 2026-27 as against EBITDA of Rs. 1,507 Crores in the same period of
2025-26. The Company’s EBITDA margin improved by 30bps at 13.0% during the quarter
ended September 2026 as against 12.7% in the quarter ended September 2025.
During the current quarter, the Company’s Profit After Tax grew by 52% at Rs. 1,377 Crores
as against Rs. 904 Crores during the second quarter of 2025-26.
SALES Q2 FY 2026-27:
During the second quarter of the financial year 2026-27, the Company registered the highest
ever quarterly sales. The overall two and three-wheeler sales grew by 27% at 1.9 Million units
as against 1.5 Million units registered in the quarter ended September 2025. Motorcycles
sales during the quarter under review grew by 28% recording 0.9 Million units as against 0.7
Million units in the quarter ended September 2025. Scooters sales during the quarter under
review grew by 29% at 0.8 Million units as against 0.6 Million units in the quarter ended
September 2025. International Business reported a growth of 35% with sales of 0.5 Million
units in Q2 2026-27 as against 0.4 Million units in the second quarter of 2025-26.
Two-wheeler electric vehicles grew by 133% registering sales of 186,186 units in the second
quarter of 2026-27 as against 80,009 units during second quarter of 2025-26.
Three-wheelers sales for the quarter under review grew by 47% to 78,475 units in the second
quarter ended September 2026 as against 53,449 units in the quarter ended September
2025.
Half-year results:
The total two-wheeler sales of the Company for the half-year ended September 2026 grew
by 27% registering 3.4 Million units as against 2.7 Million units recorded in the half-year ended
September 2025. The total three-wheeler sales for the half-year ended September 2026 grew
by 47% at 145,172 units as against 98,427 units registered in the half-year ended September
2025. The total sales in International Business of two and three-wheelers for the half-year
ended September 2026 grew by 34% at 1.0 Million units as against 0.8 Million units in the
half-year ended September 2025.
PRESS
RELEASE
Total revenue for the half-year ended September 2026 grew by 41% at Rs. 30,999 Crores
against Rs. 21,986 Crores in the half year ended September 2025. PBT for the half year
ended September 2026 grew by 52% at Rs. 3,454 Crores as against Rs. 2,274 Crores in the
half-year ended September 2025.
About TVS Motor Company
TVS Motor Company (BSE:532343 and NSE: TVSMOTOR), part of TVS VENU, is a reputed
two and three-wheeler manufacturer globally, championing progress through sustainable
mobility with four state-of-the-art manufacturing facilities located in India and Indonesia.
Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in
making internationally accepted products of the highest quality through innovative and
sustainable processes. TVS Motor is the only two-wheeler company to have won the
prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power
IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer
Service Satisfaction Survey for four consecutive years. Our group company Norton
Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in
the world. TVS Motor Company endeavours to deliver the most superior customer experience
across 90 countries in which we operate. For more information, please visit
www.tvsmotor.com.
****
For more information, please contact:
KS Harini: ks.harini@tvsmotor.com
Prasant Ramakrishnan: prasant.ramakrishnan@tvsmotor.com
Motor
Company
Results for the Quarter ended
30th September 2026
© TVS Motor Company. All Rights Reserved. TVSM Results – Q/E 30th September 2026 / Presentation dated 28th October 2026
Highlights Q2 2026-27
Company recorded highest ever Sale of 1.9 Million units registering
growth of 27% for the quarter ended September 2026 as against 1.5
Million units reported in the quarter ended September 2025
Company posted its highest ever Operating Revenue of Rs. 17,103 Crores
registered growth of 44% as against Rs. 11,905 Crores in the quarter
ended September 2025
Operating EBITDA margin improved by 30bps at 13.0% during the quarter
ended September 2026 as against 12.7% in the quarter ended September
2025
Company posted its highest ever Profit After Tax of Rs. 1,377 Crores
recording a growth of 52% for the quarter ended September 2026 as
against Rs. 904 Crores in the quarter ended September 2025
©© TTVVSS MMoottoorr CCoommppaannyy.. AAllll RRiigghhttss RReesseerrvveedd.. 22
Sales Q2 2026-27
(Nos. in ‘000)
Motorcycles Scooters Mopeds Three-wheelers TOTAL
28 29 12 47 27
% % % % %
858 825 157 78 1,919
2026-27
673 639 141 53 1,507
2025-26
© TVS Motor Company. All Rights Reserved. 3
Financial Performance Q2 2026-27
(Rs. in Crores)
Revenue from Operations Operating EBITDA Profit After Tax
2,219
1,377
17,103
44% 1,507
11,905
Q2 2025-26 Q2 2026-27
Q2 2025-26 Q2 2026-27 Q2 2025-26 Q2 2026-27
© TVS Motor Company. All Rights Reserved. 4
Q2 Key Highlights
Product Actions
Leadership
The all-new range of TVS Jupiter TVS Orbiter marks TVS iQube crosses TVS Raider Super
TVS Apache RTR: introduces India’s its first anniversary one million units Squad Edition: India's
brings the brand’s first spectral with the 100,000 with the MillionR 1st Motorcycle Unveiled
racing DNA to life colour scooter unit milestone Special Edition in Cinema Hall
Mr. Peyman Kargar appointed as
Global Expansion Awards & Recognition
Director & CEO w.e.f. January 27, 2027
TVS Raider expands TVS Orbiter TVS Callisto 110 TVS King Kargo HD wins
its presence with a and NTORQ 150 make launches in Jakarta. the Electric Three-Wheeler
launch in Africa their debut in Sri Lanka of the Year award at the
Entrepreneur India EV
awards
TVS Orbiter wins EV
Scooter of the year at
Chairman Mr. Sudarshan Venu on
the ABP Network Auto
the cover of Forbes Asia: Sharing the
Awards 2026
Vision guiding TVS VENU
© TVS Motor Company. All Rights Reserved. 5
TVSM Results
Half Year Ended
30th September 2026
© TVS Motor Company. All Rights Reserved. 6
Highlights H1 2026-27
Company recorded Sale of 3.5 Million units registering growth of 28%
for the half year ended September 2026 as against 2.8 Million units
reported in the half year ended September 2025
Company posted Operating Revenue of Rs. 30,999 Crores registered
growth of 41% as against Rs. 21,986 Crores in the half year ended
September 2025
Operating EBITDA marg
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