TVS Motor Company Ltd on July 21 reported 51% surge in net profit at Rs 1,174 crore for the quarter ended June 30, 2026. It reported standalone net profit of Rs 776 crore in the year-ago period.
The company's standalone revenue from operations rose 38% to Rs 13,896 crore in Q1FY27 as against Rs 10,081 crore in Q1FY26.
On July 21, TVS Motor shares closed trading 5.5% higher at Rs 3,793.9 apiece.
"Commodity prices witnessed a sharp upward trend during the quarter due to global market uncertainties resulting in increased input costs. The company partially mitigated the cost increases through price adjustments and focused cost optimisation initiatives, including scale benefits," said TVS Motor in a stock exchange filing.
The company said it posted its highest EBITDA of Rs 1,779 crore with a growth of 41% for the first quarter of 2026-27 as against EBITDA of Rs 1,260 crore in the first quarter of 2025-26. The company’s EBITDA margin improved by 30 bps at 12.8% during the quarter ended June 2026 as against 12.5% in the quarter ended June 2025.
During the first quarter of the financial year 2026-27, the Company registered the highest ver quarterly sales. The overall two and three-wheelers grew by 28% at 1.63 million units as against 1.28 million units registered in the quarter ended June 2025. Motorcycles sales during the quarter under review grew by 19% recording 0.74 million units as against 0.62 million units in the quarter ended June 2025. Scooters sales during the quarter under review grew by 36% at 0.68 Million units as against 0.5 million units in the quarter ended June 2025. International Business reported a growth of 33% with sales of 0.47 million units in Q1 2026-27 as against 0.35 million units in the first quarter of 2025-26.
Two-wheeler electric vehicles grew by 86% registering sales of 129,940 units in the first quarter of 2026-27 as against 70,060 units during first quarter of 2025-26. TVS Motor now has more than 1 million EV customers, it said.
Three-wheelers sales for the quarter under review grew by 48% to 66,697 units in the first quarter ended June 2026 as against 44,978 units in the year ended June 2025.