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
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Consolidated Revenue: ₹12,210 crore, up 18.38% year-over-year (YoY) from ₹10,314 crore in Q1 FY25.
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Profit After Tax (PAT): ₹643 crore, up 32.5% YoY from ₹485 crore.
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Profit Before Tax (PBT): ₹977 crore, up 38% YoY from ₹738 crore.
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Standalone Revenue: ₹10,081 crore, up 20.36% YoY from ₹8,376 crore.
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Standalone PAT: ₹779 crore, up 34.86% YoY from ₹577 crore.
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Operating EBITDA: ₹1,263 crore (standalone), up 32% YoY; EBITDA margin improved by 100 basis points to 12.5%.
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Total Vehicle Sales: 12.77 lakh units (two-wheelers and three-wheelers), up 17% YoY.
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Motorcycle Sales: 6.21 lakh units, up 21% YoY.
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Scooter Sales: 4.99 lakh units, up 19% YoY.
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Three-Wheeler Sales: 45,000 units, up 46% YoY.
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Electric Scooter Sales: 70,000 units, up 35% YoY.
Management Commentary
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CEO K N Radhakrishnan highlighted robust domestic and international sales growth.
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The company is navigating component shortages, including magnets, with alternatives and technology improvements.
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Positive outlook backed by a good monsoon and rural demand.
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Board approved proposal to raise ₹500 crore through non-convertible debentures for future growth.
Q4 FY25 Earnings Results
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Revenue: ₹11,542 crore, up by 16 percent on the YoY basis
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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.