TVS Motor Company reported its strongest-ever annual performance, with Chairman Sudarshan Venu announcing record sales, revenue and profitability at the company’s Annual General Meeting while outlining an ambitious roadmap focused on international expansion, electric mobility, premium motorcycles and technology-led innovation.
The company sold a record 5.89 million vehicles during FY2025-26, marking a 24 per cent year-on-year increase. Revenue rose to an all-time high of ₹47,270 crore, while EBITDA touched a record ₹6,079 crore. TVS Motor’s international business also strengthened significantly, with sales crossing 1.59 million units, contributing more than a quarter of total revenue. The company now has a presence in over 90 countries and plans to deepen its footprint across Africa, Latin America, Asia and Europe.
TVS Motor’s electric vehicle business continued its upward trajectory, with sales of over 3.71 lakh electric two-wheelers, up 33 per cent from the previous year. The growth was driven by the expanded TVS iQube range and the newly launched Orbiter scooter, supported by a network of more than 1,000 EV dealerships and 5,000 public charging points. The company also highlighted the strong response to premium products such as the TVS Apache RTX 300 and TVS NTORQ 150, with the Apache RTX receiving the Indian Motorcycle of the Year 2026 award.
Venu said the company invested over ₹1,250 crore in research and development during the year, with more than 2,000 engineers working on electrification, connected mobility, new vehicle platforms and generative AI. TVS also expanded its global engineering capabilities through a new design and engineering hub in Bologna, Italy, while preparations are underway to launch Norton Motorcycles’ new Manx R, Atlas and Atlas GT models in key international markets.
In Guwahati, TVS Motor’s continued investment in electric mobility, premium motorcycles and dealer expansion is expected to strengthen its presence in Assam and the wider Northeast. Rising demand for fuel-efficient scooters, commuter motorcycles and electric vehicles, coupled with improving charging infrastructure, could provide consumers with more product choices while creating opportunities for dealerships and the regional automotive retail ecosystem.
The company also highlighted its sustainability initiatives, stating that 97 per cent of the energy used across its Indian operations now comes from renewable sources, helping avoid over 76,000 tonnes of carbon emissions. Meanwhile, TVS Credit recorded 26 per cent growth in disbursements, ending the year with an asset base exceeding ₹30,000 crore and serving more than 24.4 million customers. Reflecting the company’s strong financial performance, the Board approved an interim dividend of ₹12 per share, a 20 per cent increase over the previous year.
