TVS Motor Q1 Results: Cons PAT jumps 32% YoY to Rs 610 crore, revenue rises 18%

TVS Motor Company on Thursday reported a 32% year-on-year (YoY) growth in its Q1FY26 consolidated net profit at Rs 610 crore, compared to Rs 461 crore in the same period last year. The profit after tax (PAT) is attributable to the owners of the company.

Revenue from operations rose 18% to Rs 12,210 crore from Rs 10,314 crore in the corresponding quarter of the previous financial year.

The company’s revenue from operations stood at Rs 12,210 crore, up 18% from Rs 10,314 crore reported in the corresponding quarter of the previous financial year.

January–March quarter of FY25. However, topline rose 6% quarter-on-quarter to Rs 12,210 crore from Rs 11,542 crore in Q4FY25.

The two-wheeler major reported a standalone PAT of Rs 779 crore for the quarter under review, up 35% from Rs 577 crore in the year-ago period.

Standalone revenue stood at Rs 10,081 crore in Q1FY26, marking a 20% YoY increase from Rs 8,376 crore.

Highest operating EBITDA

The company posted its highest-ever standalone operating EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) of Rs 1,263 crore in Q1FY26, marking a 32% increase from Rs 960 crore in Q1FY25. The operating EBITDA margin improved by 100 basis points to 12.5% during the quarter ended June 2025, compared to 11.5% in the same quarter last year.

Sales Performance

During the first quarter of FY26, the company registered its highest-ever quarterly sales. Overall two-wheeler and three-wheeler sales, including exports, grew 17% to 12.77 lakh units in the quarter ended June 2025, compared to 10.87 lakh units in the same quarter of FY25.

• Motorcycle sales rose 21% to 6.21 lakh units, up from 5.14 lakh units in Q1FY25.
• Scooter sales for the quarter grew 19% to 4.99 lakh units, compared to 4.18 lakh units in the year-ago period.
• Three-wheeler sales increased by 46% to 0.45 lakh units, up from 0.31 lakh units in Q1FY25.
• Electric scooter sales grew 35% year-on-year to 0.70 lakh units, compared to 0.52 lakh units in the same quarter last year.