TVS Motors Q1 FY26 Earnings Results

TVS Motor Company Ltd (TVSM) is engaged in manufacturing two-wheelers and its accessories; it currently manufactures a wide range of two-wheelers and three-wheelers. Presenting below are its Q1 FY26 earnings results.

 

Q1 FY26 Earnings Results

• Consolidated Revenue: ₹12,210 crore, up 18.38% year-over-year (YoY) from ₹10,314 crore in Q1 FY25.

• Profit After Tax (PAT): ₹643 crore, up 32.5% YoY from ₹485 crore.

• Profit Before Tax (PBT): ₹977 crore, up 38% YoY from ₹738 crore.

• Standalone Revenue: ₹10,081 crore, up 20.36% YoY from ₹8,376 crore.

• Standalone PAT: ₹779 crore, up 34.86% YoY from ₹577 crore.

• Operating EBITDA: ₹1,263 crore (standalone), up 32% YoY; EBITDA margin improved by 100 basis points to 12.5%.

• Total Vehicle Sales: 12.77 lakh units (two-wheelers and three-wheelers), up 17% YoY.

• Motorcycle Sales: 6.21 lakh units, up 21% YoY.

• Scooter Sales: 4.99 lakh units, up 19% YoY.

• Three-Wheeler Sales: 45,000 units, up 46% YoY.

• Electric Scooter Sales: 70,000 units, up 35% YoY.

 

Management Commentary

• CEO K N Radhakrishnan highlighted robust domestic and international sales growth.

• The company is navigating component shortages, including magnets, with alternatives and technology improvements.

• Positive outlook backed by a good monsoon and rural demand.

• Board approved proposal to raise ₹500 crore through non-convertible debentures for future growth.

 

 

Q4 FY25 Earnings Results

• Revenue: ₹11,542 crore, up by 16 percent on the YoY basis

• PAT: ₹698 crore, depicting a growth of 69 percent from the same quarter, last year

 

To view the company’s previous earnings and latest concall transcripts, click here  to visit the Alphastreet India news channel.