TVS Motor Company Ltd has delivered a strong sales performance in Q2FY26, registering a remarkable 22% year-on-year growth. The company also recorded a monthly sales milestone of 541,064 units in September 2025, marking a 12% increase compared to the same month last year. These figures underscore TVS Motor’s expanding market presence and robust demand across segments.
Key Sales Milestones and Growth Drivers
Q2FY26 sales jumped to 1.507 million units from 1.19 million units in Q2FY25, reflecting a double-digit growth of 22%.
September 2025 monthly sales stood at 541,064 units against 482,495 units in September 2024, growing by 12%.
Two-wheeler sales led the growth with 523,923 units sold in September, up 11% year-on-year. Domestic two-wheeler sales rose 12%, reaching 413,279 units.
Three-wheeler sales increased significantly by 41% in Q2FY26, indicating strong demand in commercial mobility.
Export sales surged 30% for the quarter, highlighting expanding global footprint amid rising international market demand.
Strategic Performance Insights
The healthy sales growth reflects TVS Motor’s diverse product portfolio and market penetration across domestic and international markets. Rising consumer confidence, favorable monsoon season, and festival demand have bolstered sales momentum. Increased exports and growth in electric vehicle segments also contribute significantly to overall performance.
Outlook and Future Prospects
Management anticipates continued upward trajectory in sales driven by new product launches and expanding EV adoption. Investment plans around INR 1,600–1,650 crore for capex support innovation and production scaling. TVS Motor is poised to sustain leadership momentum in the two- and three-wheeler segments.
Sources: Equity Bulls, TVS Motor official website, Moneycontrol, Market Screener.