TVS Motor October Dispatches Cross 7 Lakh Units, Rise 29% YoY

TVS Motor Company reported total dispatches of 700,134 units in October 2026, marking a 28.81 percent year-on-year growth compared to 543,557 units dispatched in October 2025.

Total two-wheeler dispatches grew 28 percent year-on-year to 670,679 units during the month from 525,150 units in October 2025. Domestic two-wheeler dispatches expanded 22 percent to 514,764 units compared to 421,631 units in the year-ago period.

The electric vehicle segment recorded the highest growth, with two-wheeler electric vehicle dispatches more than doubling from 32,387 units to 71,382 units in October 2026.

Total three-wheeler dispatches reached 29,455 units, representing a 60 percent increase over 18,407 units recorded in October 2025.

Total exports grew 51 percent to 175,350 units, with overseas two-wheeler dispatches contributing 155,915 units. However, they moderated 3 percent sequentially compared to 180,700 units exported in September 2026.

On a sequential basis, total dispatches expanded 4 percent in October 2026 compared to 672,790 units recorded in September 2026.

Domestic two-wheeler dispatches rose 6.8 percent month-on-month from 482,073 units in September, while electric two-wheeler shipments grew 8.5 percent over the 65,799 units dispatched in the preceding month.

Three-wheeler dispatches increased 9.8 percent sequentially from 26,835 units.