TVS Motor Company today announced its best-ever quarterly performance for the period ended December 2025, delivering record growth across revenue, profitability and vehicle sales. The company reported operating revenue of Rs. 12,476 crore in Q3FY26, representing a 37% increase over Rs. 9,097 crore posted in the corresponding quarter of the previous year, supported by strong demand momentum across key segments and geographies.
Operating EBITDA for the quarter rose 51% to Rs. 1,634 crore compared to Rs. 1,081 crore in Q3FY25. With this, the company achieved its highest quarterly Operating EBITDA margin of 13.1%, improving from the normalised margin of 12.4% recorded in the same quarter last year. Profit before tax, before exceptional items, grew 57% to Rs. 1,315 crore, up from Rs. 837 crore in the year-ago quarter, reflecting a combination of scale benefits, stronger operating leverage and continued execution focus.
During the quarter, TVS Motor recorded its highest-ever quarterly sales volumes, with overall two-wheeler and three-wheeler sales including international business increasing 27% to 15.44 lakh units, compared to 12.12 lakh units in the quarter ended December 2024. Motorcycle sales grew 31% to 7.26 lakh units from 5.56 lakh units, while scooter sales rose 25% to 6.14 lakh units from 4.93 lakh units.
International two-wheeler sales continued to strengthen, increasing 35% to 3.66 lakh units compared to 2.72 lakh units in the previous year. Three-wheeler sales more than doubled, rising 106% to 0.60 lakh units versus 0.29 lakh units in Q3FY25. Electric vehicle sales also delivered a standout performance, growing 40% to the highest-ever quarterly EV sales of 1.06 lakh units, compared with 0.76 lakh units a year earlier.
For the nine months ended December 2025, TVS Motor reported operating revenue of Rs. 34,463 crore, up 29% versus Rs. 26,701 crore in the same period of the previous year. Operating EBITDA increased 41% to Rs. 4,406 crore compared with Rs. 3,121 crore, while profit before tax before exceptional items rose 43% to Rs. 3,594 crore from Rs. 2,517 crore.
Profit after tax stood at Rs. 2,625 crore, compared with Rs. 1,858 crore in the previous year period. Total two-wheeler and three-wheeler sales grew 23% to 43.28 lakh units, with EV sales rising 26% to 2.56 lakh units.
TVS Motor Company (BSE: 532343 | NSE: TVSMOTOR) is a globally recognized manufacturer of two- and three-wheelers with operations spanning over 90 countries. Backed by a century of innovation, trust, and customer focus, TVS operates state-of-the-art facilities in India and Indonesia and is the only two-wheeler manufacturer to have received the Deming Prize. Its group companies include Norton Motorcycles (UK) and TVS e-Bike AG (Switzerland), reflecting its commitment to sustainable, high-quality, and globally competitive mobility solutions.
