TVS Motor Company reported its highest-ever quarterly financial performance for the first quarter of FY2026-27, driven by robust vehicle sales across domestic and international markets. The company’s revenue rose 38% year-on-year to a record Rs. 13,896 crore from Rs. 10,081 crore in the corresponding quarter last year, while profit after tax (PAT) surged 51% to an all-time high of Rs. 1,174 crore from Rs. 776 crore. The company recorded its highest-ever quarterly EBITDA of Rs. 1,779 crore, marking a 41% increase over Rs. 1,260 crore in the year-ago period. EBITDA margin improved by 30 basis points to 12.8% despite a sharp rise in commodity prices and higher input costs caused by global market uncertainties. TVS Motor said selective price revisions, cost optimisation initiatives and scale benefits helped cushion the impact.
Operationally, the company achieved its highest-ever quarterly sales, with overall two- and three-wheeler volumes rising 28% to 1.63 million units. Motorcycle sales increased 19% to 0.74 million units, scooter sales climbed 36% to 0.68 million units, and international business expanded 33% to 0.47 million units. Electric two-wheeler sales jumped 86% to 129,940 units, taking the company’s EV customer base beyond one million, while three-wheeler sales grew 48% to 66,697 units.
The strong quarterly performance is expected to bolster TVS Motor’s business prospects in Guwahati and the wider Northeast, where demand for scooters, motorcycles and electric vehicles has been steadily increasing. Higher EV adoption and sustained sales growth could strengthen the company’s dealer network, improve customer confidence and support further investments in mobility solutions and after-sales services across the region.
