TVS Motor Q2 FY27 Revenue Surges 44% to ₹17,103 Crore, PAT Up 52%
TVS Motor reported Q2 FY27 revenue of ₹17,103 Crore, up 44%, and PAT of ₹1,377 Crore, up 52%. Sales volume reached 1.9 million units, a 27% increase. EBITDA was ₹2,219 Crore, up 47%. Mr. Peyman Kargar appointed as Director & CEO effective January 27, 2027.
The announcement details record financial performance with substantial growth percentages and volume increases, which are material and directly impact investor perception and company valuation.
The company reported record revenues, significant year-on-year growth in revenue, EBITDA, and profit after tax, along with strong sales volumes across various segments, indicating a very positive financial performance.
TVS Motor Company has announced its unaudited financial results for the quarter ended September 30, 2026. The company achieved a record revenue of ₹17,103 Crores, marking a significant growth of 44% compared to ₹11,905 Crores in the second quarter of the previous fiscal year (2025-26).
Profit After Tax (PAT) for the quarter grew by an impressive 52%, reaching ₹1,377 Crores, up from ₹904 Crores in the corresponding period last year. The company also reported its highest ever EBITDA of ₹2,219 Crores, a 47% increase from ₹1,507 Crores in Q2 FY26. The EBITDA margin improved to 13.0% from 12.7% in the prior year's quarter.
In terms of sales volume, TVS Motor recorded its highest ever quarterly sales, with overall two- and three-wheeler sales growing by 27% to 1.9 Million units, compared to 1.5 Million units in Q2 FY26. Motorcycle sales increased by 28% to 0.9 Million units, while scooter sales grew by 29% to 0.8 Million units. The international business also saw robust growth, with sales up by 35% to 0.5 Million units.
Electric two-wheeler sales witnessed substantial growth, surging by 133% to 186,186 units. Three-wheeler sales also rose by 47% to 78,475 units.
For the half-year ended September 30, 2026, total revenue grew by 41% to ₹30,999 Crores from ₹21,986 Crores in the same period last year. Profit Before Tax (PBT) for the half-year increased by 52% to ₹3,454 Crores from ₹2,274 Crores.
Additionally, the company announced the appointment of Mr. Peyman Kargar as Director & CEO, effective January 27, 2027.
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TVS Motor Company Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by TVS Motor Company Limited. Read the original for the full detail.