TVS Motor Hits Near Record High on Strong Q1 Show

July 21, 2026July 21, 2026

TVS Motor touched a day’s high of Rs 3,810 on the NSE on Tuesday, after posting its best ever quarterly numbers for June.

Consolidated net profit jumped 64.5% year on year to Rs 1,057.61 crore. Revenue climbed 33.5% to Rs 16,295.52 crore, up from Rs 12,210.05 crore in the same quarter last year.

TVS Motor sold 16.3 lakh two and three wheelers combined during the quarter, its highest ever, up 28% from a year earlier.

Motorcycles led the charge with sales up 19% to 7.4 lakh units, while scooters grew faster still, rising 36% to 6.8 lakh units.

Three wheeler sales jumped 48% to 66,697 units, and exports climbed 33% to 4.7 lakh units. Electric two wheelers were the standout performer.

Sales here soared 86% to nearly 1.3 lakh units, and the company has now crossed 10 lakh EV customers in total.

On profitability, standalone EBITDA rose 41% to Rs 1,779 crore, with the operating margin expanding to 12.8% from 12.5% a year ago, even as commodity costs rose during the quarter.

The company said it managed the higher input costs through price adjustments and cost cutting measures.

At market close on 21 July, TVS Motor shares settled at Rs 3,792 on the NSE, up 5.62% from the previous close of Rs 3,590.20.

The stock is now within striking distance of its 52-week high of Rs 3,970, hit in February, and well above its 52-week low of Rs 2,728.70 touched last July.

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