TVS Motor Q2FY26 results: Net profit jumps 42% at ₹795 cr, revenue up 25%
In the electric vehicle (EV) space, TVS Motor reported a 7 per cent growth with the highest ever quarterly sales at around 80,000 units during the quarter, as against 75,000 units during Q2FY25
Rahul Goreja New Delhi Homegrown automobile major
TVS Motor Company on Tuesday reported a 42 per cent jump in consolidated net profit at ₹795.48 crore for the second quarter of the financial year 2025-26 (Q2 FY26), from ₹560.49 crore in the corresponding quarter last year. Sequentially, the profit grew 30 per cent from ₹610.04 crore. Profit was supported by strong sales during the quarter.
The firm's revenue from operations grew 25 per cent year-on-year (Y-o-Y) to ₹14,051.22 crore in Q2FY26 from ₹11,197.19 crore in the same quarter last year. On a sequential basis, revenue was up 15 per cent from ₹12,210.05 crore.
TVS Motor also registered its highest-ever quarterly sales of 1.5 million units, up 23 per cent from Q2FY25. Here's a look at segment-wise Y-o-Y growth:
- Motorcycle sales rose 20 per cent to around 673,000 units
- Scooter sales increased 30 per cent to around 639,000 units
- Two-wheeler exports grew 31 per cent to around 363,000 units
- Three-wheeler sales jumped 41 per cent to around 53,000 units
In the electric vehicle (EV) space, TVS Motor reported a 7 per cent growth with the highest ever quarterly sales at around 80,000 units during the quarter, as against 75,000 units during Q2FY25.
"Magnet availability continues to pose challenges in the short to medium term," the auto major highlighted.
TVS Motor also recorded its highest-ever operating earnings before interest, taxes, depreciation, and amortisation (Ebitda) of ₹1,509 crores, registering a 40 per cent Y-o-Y growth. Its operating Ebitda margin improved by 100bps at 12.7 per cent, the firm said.
TVS Motor Q2FY26 result highlights
- Revenue: ₹14,051.22 crore
- Profit: ₹795.48 crore
- Earnings per share (EPS): ₹16.74 (basic and diluted)