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The company posted its highest-ever operating EBITDA of Rs 1,509 crore, registering a 40% growth for the quarter ended September 2025 as against Rs 1,080 crore in the second quarter of FY25. The operating EBITDA margin improved by 100 basis points to 12.7% compared with 11.7% in the quarter ended September 2024.
TVS achieved its highest-ever quarterly sales of 15.07 lakh units in the quarter ended September 2025, up 23% from 12.28 lakh units in Q2 FY25. This includes both two-wheeler and three-wheeler sales, including the international business.
Motorcycle sales grew 20% to 6.73 lakh units in Q2 FY26 as against 5.61 lakh units in Q2 FY25, while scooter sales rose 30% to 6.39 lakh units compared with 4.90 lakh units in the same quarter last year.
Two-wheeler sales in international markets increased 31% to 3.63 lakh units, up from 2.78 lakh units a year ago. Total three-wheeler sales grew 41% to 0.53 lakh units compared with 0.38 lakh units in Q2 FY25.
During the quarter, the company's electric vehicle (EV) sales rose 7%, achieving its highest-ever quarterly sales of 0.80 lakh units as against 0.75 lakh units in Q2 FY25. However, magnet availability continues to pose challenges in the short to medium term.
On half-year basis, the company's standalone net profit dropped 35.86% to Rs 1,684.68 crore on 24.89% increase in revenue to Rs 21,986.43 crore in H1 FY26 over H1 FY25.
TVS Motor Company is a reputed two-wheeler and three-wheeler manufacturer globally. It has four manufacturing facilities located in India and Indonesia.
The scrip declined 1.92% to Rs 3,569.10 on the BSE.
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