TVS Motor Company on Wednesday, 13 May, announced its financial results for the quarter ended on March 31, 2026. The 2-3 wheeler stock reported a consolidated net profit of ₹772 crore for the quarter ended March, compared with ₹648 crore in the same period last year, marking a 19% increase. The profit after tax (PAT) was attributable to the company’s owners.
The company also recorded a 30% rise in revenue, which stood at ₹15,053 crore in Q4FY26, against ₹11,542 crore in the corresponding quarter of the previous financial year.
TVS Motor’s operating EBITDA margin for the quarter stood at 13.1%, compared with the normalised EBITDA margin of 12.5% in Q4 FY25, marking a year-on-year improvement of 60 basis points.
In the corresponding quarter of FY25, the full-year Production Linked Incentive (PLI) benefit was recognised in Q4, which resulted in revenue of ₹9,550 crore and an operating EBITDA margin of 14.0%.
Overall two-wheeler and three-wheeler sales, including International Business, rose 28% to 15.60 lakh units in the quarter ended March 2026, compared with 12.16 lakh units in the corresponding quarter of March 2025.
Motorcycle sales increased 23% to 6.93 lakh units from 5.64 lakh units a year earlier, while scooter sales climbed 32% to 6.60 lakh units from 5.02 lakh units in the fourth quarter of FY25.
Electric vehicle sales registered a strong 51% growth, reaching 1.15 lakh units during the March 2026 quarter, against 0.76 lakh units in the same period last year.
Meanwhile, three-wheeler sales surged 65% to 0.60 lakh units in the quarter under review, compared with 0.37 lakh units in the fourth quarter of FY25.
TVS Motor share price trend
The share price trend of TVS Motor has remained volatile in the near term amid weak market sentiments. The stock has descended 4.45% in a month and 6% on a year-to-date (YTD) basis.
TVS Motor stock has delivered multibagger returns of 189% in three years and 482% in five years.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
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