TVS Motor Q4 revenue hits record ₹12,808 crore

TVS Motor Company posted its highest-ever quarterly revenue of ₹12,808 crore during the fourth quarter ended March 2026, driven by strong sales momentum across segments.

The company’s overall two-wheeler and three-wheeler sales during the quarter rose 28% to 15.60 lakh units.

Scooter sales grew 32% to 6.60 lakh units, while motorcycle sales increased 23% to 6.93 lakh units.

Electric vehicle sales during Q4 FY26 surged 51% to 1.15 lakh units, while three-wheeler sales jumped 65% to 0.60 lakh units.

TVS Motor reported an operating EBITDA margin of 13.1% for the quarter, compared to a normalised margin of 12.5% in Q4 FY25.

The company noted that Q4 FY25 included Production Linked Incentive (PLI) benefits related to the full financial year, which impacted year-on-year comparison.

For the full year FY26, TVS Motor recorded revenue of ₹47,270 crore and operating PBT of ₹4,975 crore.

 

The company also crossed 9 lakh EV customers during the year.