TVS Motor Q3 Results — TVS Motor just announced its Q3 FY26 results, and the numbers are impressive. The company hit record highs in revenue, profit, and sales across the board.
TVS Motor Q3 Results: The Big Numbers
Let’s look at what TVS Motor achieved this quarter compared to last year:
| Financial Metric | Q3 FY26 | Q3 FY25 | Growth |
|---|---|---|---|
| Revenue | ₹14,756 crores | ₹11,035 crores | 34% |
| Net Profit | ₹841 crores | ₹566 crores | 49% |
| EBITDA | ₹2,271 crores | ₹1,654 crores | 37.2% |
| EBITDA Margin | 13.1% | 12.4% | +70 bps |
These aren’t just good numbers. They’re the best TVS Motor has ever posted in a single quarter. Revenue jumped 34%, while profit shot up by nearly 50%. That’s solid growth.
Sales Hit All-Time High
TVS Motor sold 15.44 lakh units this quarter. That’s a new record. Here’s how different segments performed:
Two-Wheelers: The company sold 14.84 lakh units, up 25% from last year. Motorcycles did particularly well with 7.26 lakh units sold (31% growth). Scooters weren’t far behind at 6.14 lakh units.
Electric Vehicles: This is where things get exciting. TVS Motor Q3 results show EV sales reached 1.06 lakh units, growing 40% year-over-year. In December alone, EV sales jumped 77%. The company says supply chain issues with magnets are now sorted, so expect even better EV numbers soon.
Three-Wheelers: This segment exploded with 106% growth, reaching 60,000 units. That’s more than double last year’s numbers.
Export Business Booming
TVS Motor’s international business is thriving. The company exported 4.10 lakh units this quarter, up 40% from last year. Markets in Latin America, Asia, and Africa are showing strong demand.
What’s Coming Next?
CEO K.N. Radhakrishnan shared some exciting plans during the earnings call. TVS Motor will launch 6 new products over the next 18-24 months. These will include both electric and petrol models.
The premium Norton Motorcycles brand will start commercial production in Q3-Q4 FY26. This gives TVS a foothold in the global premium motorcycle market.
The GST cut from September 2025 is helping boost sales in both rural and urban areas. The company expects this momentum to continue.
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Stock Market Reaction
Investors loved the TVS Motor Q3 results. The stock jumped 3.4% after the announcement, closing at ₹3,689.70. Over the past year, TVS shares have given investors returns between 57-70%.
TVS Motor’s Q3 performance proves the company is firing on all cylinders. Strong domestic sales, booming exports, and rapid EV growth paint a picture of a company that’s executing well. With new products coming and supply chains improving, the future looks bright.
Disclaimer:
This article is for informational purposes only and does not constitute financial or investment advice. Readers should consult their financial advisor before making any investment decisions.
Sources & References
- TVS Motor Official Press Release:
The company’s quarterly results for December 2025 / January 2026 are available on the official TVS Motor website under the Investors section. - The Economic Times: “TVS Motor Q3 Results: Cons PAT zooms 49% YoY to Rs 841 crore; revenue jumps 34%” (28 Jan 2026).
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
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