TVS Motor Company Ltd on Wednesday reported a 17.5% year-on-year increase in consolidated net profit for the quarter ended March 31, 2026, supported by strong growth across motorcycles, scooters, electric vehicles and three-wheelers.
The company posted a consolidated net profit of Rs 819.55 crore in the January–March quarter of FY26, compared with Rs 697.51 crore in the corresponding period last year, marking a 17.5% increase.
Consolidated revenue from operations rose 30.4% to Rs 15,052.73 crore in the fourth quarter from Rs 11,542 crore a year earlier.
Total expenses during the quarter increased 31.3% to Rs 13,746.18 crore from Rs 10,464.9 crore in the year-ago period.
TVS Motor said overall two-wheeler and three-wheeler sales, including exports, increased 28% to 15.60 lakh units in Q4FY26 from 12.16 lakh units in the same quarter last year.
Motorcycle sales grew 23% to 6.93 lakh units from 5.64 lakh units, while scooter sales rose 32% to 6.60 lakh units compared with 5.02 lakh units in the corresponding quarter of FY25.
Electric vehicle sales increased 51% to 1.15 lakh units during the quarter, up from 76,000 units a year earlier.
Three-wheeler sales rose 65% to 60,000 units in the March quarter, compared with 37,000 units in the same period last fiscal.
For the full financial year ended March 31, 2026, the company reported a consolidated net profit of Rs 3,186.43 crore, up 33.9% from Rs 2,379.81 crore in FY25.
Annual consolidated revenue from operations rose 27.2% to Rs 56,069.52 crore in FY26 from Rs 44,089 crore in the previous financial year.
TVS Motor said total two-wheeler and three-wheeler sales for FY26 increased 24% to 58.89 lakh units, compared with 47.44 lakh units in FY25.