TVS Motor Q2: profit up 52%, electric two-wheeler sales more than double
31 October 2026 · 2 min read · HireHo
Based on TVS Motor's July-September 2026 results, reported by Autocar Professional on 28 October 2026. Summarised in our own words.
Rs 1,377 crstandalone net profit, up 52%
Rs 17,103 crstandalone revenue, up 44%
19.19 lakhtwo- and three-wheelers sold, up 27%
1,86,186electric two-wheelers, up 133%
TVS Motor sales in Q2 FY27 (lakh units)
Motorcycles8.58lakh
Scooters8.25lakh
Mopeds1.57lakh
Three-wheelers0.78lakh
TVS Motor posted its highest-ever quarterly revenue in July to September 2026. On a standalone basis revenue was Rs 17,103 crore, up 44%, and net profit was Rs 1,377 crore, up 52%. EBITDA margin was 13%, up from 12.7%.
Sales by type
- Total two- and three-wheeler sales were 19.19 lakh units, up 27%.
- Motorcycles: about 8.58 lakh, up 28%. Scooters: about 8.25 lakh, up 29%. Mopeds: about 1.57 lakh, up 12%.
- Three-wheelers: 78,475, up 47%.
- Electric two-wheelers: 1,86,186, up 133% from 80,009.
- Overseas sales were about 5 lakh, up 35%.
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On a consolidated basis, which includes subsidiaries, net profit was Rs 1,219 crore, up 46%, and revenue was Rs 19,474 crore, up about 39%.
What this means for you
- More vehicles on the road means more work in showrooms, sales, financing and servicing.
- Electric two-wheelers are growing fast. Technicians who learn EV basics, such as battery and charging checks, will be in demand.
These are one company's results. The earlier Bajaj Auto comments on weak entry-level demand show the market is not rising evenly for every brand.
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SourcesAutocar Professional: TVS Motor Q2 net profit rises 52% to Rs 1,377 crore, revenue jumps 44%HireHo explains these reports in its own words. Figures belong to the sources above.
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