TVS Achieves ₹10,000 Crore Turnover in Q1 FY26, Driven by Exports, EVs and Premium Portfolio

TVS Motor Company has started its FY2025-26 on its highest quarterly performance to date, with April–June 2025 revenue of ₹10,081 crore, 20 per cent year-on-year growth. Growth wasn't just in topline numbers; profitability was also up, with operating EBITDA growing 32 per cent to ₹1,263 crore and the margins going up to 12.5 per cent. Profit Before Tax was ₹1,053 crore (up 35 per cent), and net profit was ₹779 crore (up 35 per cent too).

Also Read: TVS Dominates Indian Electric Two-Wheeler Market in Q1 FY2026

Cross-segment record sales, backed by Apache, Jupiter and iQube

TVS posted its highest-ever quarterly vehicle sales of 12.77 lakh units, an increase of 17 per cent from the previous year's corresponding quarter. Its top-selling Apache motorcycle range and Jupiter scooter range were the largest contributors, both of which saw strong demand. Motorcycle sales alone increased 21 per cent to 6.21 lakh units with the Apache and Raider models picking up in both urban and rural areas.

Also Read: Auto Sales May 2025: TVS iQube Continues To Outsell The TVS Ntorq 125

Scooters posted a 19 per cent growth at 4.99 lakh units, driven by Jupiter 125 and NTorq, specifically among youthful consumers and family commuters. The company also posted a 46 per cent increase in three-wheeler sales, a high demand for fleet and commercial segments.

Electric Mobility Finds Firm Ground

Electric two-wheelers witnessed a robust 35 per cent growth with sales of 70,000 units in Q1 FY26 compared to 52,000 units in the same period last year. iQube electric scooter is gaining a fan base in metro and Tier-2 cities, as growing consumer adoption is being driven by increased range, charging support, and incentives from the government.

Also Read: Auto Sales April 2025: TVS Leads The EV Race, Followed By Ola And Bajaj Auto

The Road Ahead

TVS is also looking beyond mass-market product offerings. The company's recent resurgence of Norton Motorcycles, the British brand that it acquired in 2020, is a pointer to a long-term premiumisation strategy. Norton's foray into India later this fiscal year will not only increase TVS's product portfolio but also boost its global brand credentials. Read more about it here.

Also Read: Auto Sales May 2025: TVS Continues Its Upward Trajectory With Strong EV Performance

Strategically, Norton is pivotal to TVS's UK and European strategy since it positions the company to enter premium two-wheeler segments while it benefits from the racing DNA and history of Norton. The Norton platform may also potentially offer technology and design synergies for future electric high-end motorcycles.