TVS Motor FY26: Profit up 54%, revenue ₹15,053 cr

FY26 numbers put TVS Motor ahead on growth

TVS Motor Co. Ltd reported its best-ever financial performance for a fiscal year, driven by faster sales growth than peers and broad-based gains across motorcycles, scooters, electric vehicles and three-wheelers. For FY26, the company reported profit jumping 54% year-on-year to an all-time high of ₹3,524 crore, while consolidated revenue rose by over a quarter to ₹15,053 crore. The company is India’s third-largest two-wheeler manufacturer and sells products such as Apache motorcycles and Ntorq scooters. The FY26 performance was supported by a 25% increase in sales of scooters, motorcycles, and three-wheelers, as stated in the provided data. It also reported that its annual revenue growth of 27.02% outperformed its 3-year CAGR of 20.21% (Source: Consolidated Financials). The story matters for investors tracking market share gains, margin drivers such as premiumisation, and EV adoption trends. Industry context also points to a slower overall market growth rate than TVS Motor’s expansion during the year.

Stock snapshot: TVS Motor share price on June 19, 2026

TVS Motor share price was ₹3,442.90 as of 19 Jun, 2026, 03:58 PM IST. The stock was down 0.43% versus the previous share price of ₹3,448.7, based on the data provided. The move is a near-term market snapshot and does not, by itself, explain investor reaction to the company’s FY26 results. Still, it anchors how the stock was trading around the broader period referenced in the dataset. Investors typically map such price moves to quarterly results, guidance, and sector sentiment, but only the price and percentage change are provided here. The share-price reference offers a point-in-time marker for readers following the counter.

FY26 consolidated performance: revenue and profit hit new highs

For FY26, TVS Motor’s consolidated revenue was reported at ₹15,053 crore, with the text also describing this as “over a quarter more than the preceding year.” Profit increased by more than half to ₹3,524 crore, described as an all-time high. The dataset also highlights a headline revenue figure: “Revenue up 30% YoY to ₹15,053 Cr,” which aligns with strong year-on-year expansion. The company’s performance was linked to robust sales growth across product lines and markets, including overseas, as referenced in the quarterly updates included in the material. Alongside the annual print, the text repeatedly points to record sales and revenue milestones during FY26.

Volumes: FY26 deliveries reached a record 5.9 million units

TVS Motor sold nearly 5.9 million scooters, motorcycles and three-wheelers in India and overseas in 2025-26, up by about a quarter year-on-year, and its highest-ever level as per the provided text. Another datapoint in the material states that for FY26, total volumes climbed 25.5% YoY to 5.9 million units. This growth was attributed in the dataset to favourable macroeconomic conditions, stable domestic demand, accommodative monetary policy, and softer fuel prices. The breadth of volume growth is important because it suggests demand was not concentrated in a single product category. It also provides a base to interpret revenue momentum, given different price points across segments and the rising contribution of premium models.

Segment growth: motorcycles, scooters, EVs and three-wheelers

TVS Motor’s sales performance was described as robust across product lines during the fiscal year. The dataset states that the company sold 24% more motorcycles (2.7 million), 27% more scooters (2.4 million), 33% more electric vehicles (371,000), and 63% more three-wheelers (219,000) than the previous year. Separately, another section in the data lists product-line growth rates as: motorcycles up 24%, scooters up 27%, EVs up 33%, and three-wheelers up 63% compared to the previous year. These numbers indicate that growth was strongest in three-wheelers, while EVs also expanded materially from a smaller base. The mix matters because it can influence average selling prices and operating leverage.

Q4FY26 update: profit and standalone revenue at record levels

The dataset also contains a Q4FY26 performance description, stating that TVS Motor reported a 31.0% year-on-year surge in net profit to ₹7,998 crore (₹79.98 billion), alongside record standalone revenue of ₹71,280 crore (₹712.8 billion). It adds that the quarter saw “exceptional operational strength” and notes a marginal miss versus Bloomberg PAT estimates, without specifying the estimate number. The same Q4FY26 section reports volume expansion, with motorcycle sales rising 23.0% YoY to 6.93 lakh units and scooter volumes advancing 31.0% YoY to 6.60 lakh units. It also lists EV sales surging 51% YoY to 1.15 lakh units and three-wheeler sales rising 65% YoY to 0.60 lakh units. Another line states total 2W and 3W sales grew 28% YoY to 15.6 lakh units. These figures, as presented, point to strong unit growth across categories in the quarter.

Q3FY26 (December quarter): record sales and profit growth

For the December quarter (Q3FY26 as referenced), TVS Motor reported a 49% year-on-year jump in consolidated net profit to ₹841 crore, driven by record sales and revenue. The dataset states overall sales grew 27% YoY to 15.44 lakh units, and that EV sales increased 40% in the quarter. It also provides revenue metrics from operations for the quarter, including operating revenue surging 37% to ₹12,476 crore, and another figure noting revenue from operations rose 34% to ₹14,756 crore. The material characterises the quarter as the company’s highest-ever quarterly sales, revenue, and profits, based on the information provided.

Q1FY26 (June quarter): profitability and margin expansion

For the quarter ended June 30, 2025 (Q1 FY26), the dataset reports consolidated net profit rising 35% YoY to ₹642.86 crore, compared to ₹477.27 crore. It also lists standalone net profit (PAT) at ₹779 crore versus ₹577 crore, and consolidated net profit (PAT) at ₹610.04 crore, alongside standalone revenue from operations of ₹10,081 crore and consolidated revenue from operations of ₹12,210.05 crore. Operating EBITDA was reported at ₹1,263 crore, up 32% YoY, with operating EBITDA margin improving by 100 basis points to 12.5% in Q1 FY26. In volume terms, the company reported its highest-ever quarterly sales at 12.77 lakh units, up 17.5% YoY, with total exports up 39% YoY to 3.52 lakh units.

Industry context: TVS Motor outpaced the broader market

The dataset compares company performance to broader industry trends. It states that the Indian two-wheeler industry recorded 21.7 million domestic sales with 11% year-on-year growth during the fiscal year, citing data from the Society of Indian Automobile Manufacturers (SIAM). Against this backdrop, TVS Motor’s roughly 25% growth in total volumes to 5.9 million units suggests it expanded faster than the overall domestic industry growth rate described. The outperformance is a key takeaway for readers evaluating market-share dynamics and the sustainability of volume-led growth.

Key figures table (all amounts in ₹ crore; volumes in units)

Market impact and why the numbers matter

The FY26 revenue and profit prints, alongside record volumes, show that TVS Motor combined unit growth with scale benefits during the year. The dataset repeatedly highlights strong category-wise growth, including EV expansion and a sharp rise in three-wheeler volumes. It also references premiumisation as a contributor to revenue mix, stating that Apache series models contribute around 25% to the company’s total revenue. Exports were also highlighted as significant, with the Reuters snippet noting exports account for nearly a quarter of total revenue and reporting export growth of 39% during the reported quarter. The reported EBITDA margin improvement to 12.5% in Q1FY26 provides one quantified datapoint on operating performance in the year.

Conclusion: record FY26, with multi-segment growth led by volumes

TVS Motor’s FY26 results, including revenue of ₹15,053 crore and profit of ₹3,524 crore, were supported by record volumes of 5.9 million units and strong growth across motorcycles, scooters, EVs and three-wheelers. Quarterly updates across FY26 also pointed to record sales periods and improving profitability metrics, including reported margin expansion in Q1FY26. The key near-term markers for readers will be subsequent quarterly disclosures and whether the company sustains the volume growth rates and segment momentum described in the dataset.