TVS Motor Company reported its highest-ever quarterly financial performance for the first quarter of FY2026-27, posting a 38% year-on-year increase in revenue to Rs. 13,896 crore and a 51% jump in profit after tax (PAT) to Rs. 1,174 crore. The company’s revenue stood at Rs. 10,081 crore in the corresponding quarter of the previous financial year, while PAT was Rs. 776 crore. The company also recorded its highest-ever quarterly EBITDA of Rs. 1,779 crore, up 41% from Rs. 1,260 crore a year earlier. Its EBITDA margin improved to 12.8% from 12.5%, despite rising commodity prices and global market uncertainties that pushed up input costs. TVS Motor said it partially offset the impact through selective price revisions, cost optimisation measures and scale efficiencies.
Sales momentum remained strong across business segments, with overall two- and three-wheeler sales rising 28% to 1.63 million units. Motorcycle sales increased 19% to 0.74 million units, while scooter sales climbed 36% to 0.68 million units. International business grew 33% to 0.47 million units, electric two-wheeler sales surged 86% to 129,940 units, taking the company’s EV customer base beyond one million, and three-wheeler sales rose 48% to 66,697 units.
The robust performance is likely to reinforce TVS Motor’s position in Northeast India, including Guwahati, one of the region’s largest automobile markets. Strong growth in scooter and electric vehicle sales is expected to benefit dealerships, enhance consumer choice and support rising demand for personal mobility solutions, while the expanding EV customer base could encourage further investment in charging infrastructure and related services across Assam.