TVS Motor Company Reports Robust 42% Profit Growth in Q2FY26 Driven by Strong Sales and New Launches

TVS Motor Company has declared strong financial results for the second quarter of fiscal year 2026 (Q2FY26), ending September 2025. The company's consolidated net profit saw a substantial increase of 42% compared to the same period last year, reaching ₹833 crore. Consolidated revenue from operations also demonstrated impressive growth, rising 25% year-on-year to ₹14,051 crore. This revenue surge was primarily driven by a robust 23% expansion in sales volume across its two-wheeler and three-wheeler segments, which collectively sold a record 15.07 lakh units during the quarter.

The company also achieved its highest ever Operating EBITDA, reporting ₹1,509 crore, marking a 40% increase from the previous year. The operating EBITDA margin improved by 100 basis points to 12.7% from 11.7% in Q2FY25, indicating enhanced operational efficiency.

On a standalone basis, net profit was ₹906 crore, up from ₹662 crore in the prior year's comparable quarter, with revenue from operations growing to ₹11,905 crore.

TVS Motor also highlighted its strategic product launches, including four new models in the last three months. The electric vehicle (EV) segment was strengthened with launches like the TVS Orbiter and TVS King Kargo HD EV. The company also expanded its premium offerings with the TVS Apache RTX and the TVS NTORQ 150 scooter. International business performed well, with two-wheeler sales in overseas markets growing by 31%.

Impact: This strong earnings report, coupled with record sales volumes and successful new product introductions, is expected to significantly boost investor confidence in TVS Motor Company. The company's expansion in the EV segment and consistent growth in international markets position it well for future performance. The improved profitability and margins suggest efficient cost management and operational strength. This news should positively influence the company's stock performance. Rating: 8/10.

Heading: Difficult Terms Consolidated Net Profit: The combined net profit of a parent company and all its subsidiaries after accounting for all expenses and taxes. Consolidated Revenue from Operations: The total income generated from the main business activities of a parent company and all its subsidiaries. Year-on-year (YoY): A comparison of financial data from one period to the same period in the previous year. Standalone basis: Refers to the financial results of the company as an individual entity, excluding its subsidiaries. Operating EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization, calculated from the company's core operating activities. EBITDA margin: A profitability ratio that measures how efficiently a company is generating profit from its operations, calculated as EBITDA divided by revenue. Basis points (bps): A unit of measure equal to one-hundredth of one percent (0.01%). For example, 100 basis points equal 1%. EV segment: Refers to the market segment for Electric Vehicles.