TVS Motor Q1 Results: Net Profit Jumps 32.36% to ₹610.04 Crore; Revenue Grows 18.38%

TVS Motor Company Ltd announced its financial results for the first quarter of the fiscal year 2025-26, showcasing strong growth across revenue, profit, and sales. The company reported a consolidated net profit of ₹610.04 crore, marking a 32.36% increase compared to ₹460.88 crore in the corresponding quarter of the previous fiscal year (Q1 FY25). This rise reflects improved operational efficiency and strong demand for its vehicles.

The company’s revenue from operations stood at ₹12,210.05 crore, showing an 18.38% growth over ₹10,314.47 crore in Q1 FY25. The increase in revenue is attributed to robust performance across all vehicle segments—motorcycles, scooters, electric scooters, and three-wheelers—as well as strong export performance.

On a standalone basis, TVS Motor posted revenue of ₹10,081 crore, a 20% growth compared to ₹8,376 crore in Q1 ended June 2024. The standalone net profit grew by 35% to ₹779 crore, up from ₹577 crore in Q1 FY25. This growth was supported by operational efficiency and better product mix.

The company achieved an operating EBITDA of ₹1,263 crore, registering a year-on-year (YoY) growth of 32%. The EBITDA margin improved by 100 basis points (bps) to 12.5%, reflecting strong cost management and improved pricing strategies. These results indicate solid execution on the company’s part, even amid evolving market dynamics.

TVS Motor registered its highest-ever quarterly vehicle sales in Q1 FY26. The company sold a total of 12.77 lakh units, which is a 17% increase compared to 10.87 lakh units in Q1 FY25. This includes both domestic and export sales across all segments.

Breaking down the vehicle sales:

• Motorcycle sales grew by 21%, reaching 6.21 lakh units, compared to 5.14 lakh units in the same quarter last year.

• Scooter sales rose 19% to 4.99 lakh units, up from 4.18 lakh units in Q1 FY25.

• Three-wheeler sales posted a robust 46% increase, totaling 0.45 lakh units, up from 0.31 lakh units.

• Electric scooter sales also witnessed significant growth, rising 35% to 0.70 lakh units, from 0.52 lakh units in Q1 of the previous fiscal year.

These figures reflect increased consumer demand, enhanced product availability, and market confidence in the brand’s offerings across different mobility segments.

In terms of capital strategy, the Board of Directors approved a fund-raising proposal of up to ₹500 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. This fund-raising will be executed in one or more tranches or series over time, supporting the company’s growth and investment needs.

In summary, TVS Motor Company has delivered a solid financial and operational performance in Q1 FY26, marked by double-digit growth in revenue and profit, improved EBITDA margins, and record vehicle sales. With continued momentum across all vehicle categories and strategic financial planning, the company is well-positioned for sustained growth in the upcoming quarters.