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.
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.