Chennai, Oct 31:
Two and three wheeler makers TVS Motor Company, part of TVS Venu, achieved highest ever revenue with 44 per cent growth in Q2 of the current fiscal.
A company statement today said it posted revenue for the second quarter of financial year 2026-27 at Rs. 17,103 crores, registering a growth of 44% as against Rs. 11,905 crores recorded in the second quarter of 2025-26.
The Company posted its highest EBITDA of Rs. 2,219 crores with a growth of 47% as against Rs. 1,507 crores. The EBITDA margin improved by 30bps at 13.0% during the quarter ended September 2026 as against 12.7% in the quarter ended September 2025.
During the current quarter, the Company’s Profit After Tax grew by 52% at Rs. 1,377 crores as against Rs. 904 crores.
During the second quarter of the financial year 2026-27, it registered the highest ever quarterly sales. The overall two and three-wheeler sales grew by 27% at 1.9 million units as against 1.5 million units registered in the quarter ended September 2025. Motorcycles sales during the quarter under review grew by 28% recording 0.9 million units as against 0.7 million units. Scooters sales grew by 29% at 0.8 million units as against 0.6 million units, while the International Business reported a growth of 35% with sales of 0.5 million units in Q2 2026-27 as against 0.4 million units.
Two-wheeler electric vehicles grew by 133% registering sales of 186,186 units as against 80,009 units and three-wheelers sales for the quarter under review grew by 47% to 78,475 units as against 53,449 units.
The total two-wheeler sales for the half-year grew by 27% registering 3.4 million units as against 2.7 million units recorded in the half-year ended September 2025. The total three-wheeler sales grew by 47% at 145,172 units as against 98,427 units and the total sales in International Business of two and three-wheelers by 34% at one million units as against 0.8 million units.
Total revenue for the half-year grew by 41% at Rs.30,999 crores against Rs. 21,986 crores and PBT grew by 52% at Rs. 3,454 crores as against Rs. 2,274 crores.