· EBITDA margin at 13.1% and PBT at Rs. 1,315 Crores
Singapore : TVS Motor Company’s operating revenue grew by 37% at Rs. 12,476 Crores for the quarter ended December 2025 as against Rs. 9,097 Crores reported in the quarter ended December 2024.
The Company’s Operating EBITDA grew by 51% at Rs.1,634
Crores for the third quarter of 2025-26 as against EBITDA of Rs. 1,081 Crores
in third quarter of 2024-25. The Company’s Operating EBITDA margin for the
quarter is highest at 13.1% as against normalised Operating EBITDA margin of 12.4%
in the third quarter of 2024-25. The Company’s PBT before exceptional items
grew by 57% at Rs. 1,315 Crores for the third quarter of 2025-26 as against PBT
of Rs. 837 Crores in third quarter of 2024-25.
Sales:
The overall two-wheeler and three-wheeler sales including
international business grew by 27% registering highest ever quarterly sales of 15.44
Lakh units in the quarter ended December 2025 as against 12.12 Lakh units in
the quarter ended December 2024. Motorcycle sales grew by 31% registering 7.26
Lakh units in the quarter ended December 2025 as against 5.56 Lakh units in the
quarter ended December 2024. Scooter sales for the quarter ended December 2025
grew by 25% registering 6.14 Lakh units as against the sales of 4.93 Lakh units
in the third quarter of 2024-25. The two-wheeler sales in international
business grew by 35% at 3.66 Lakh units in the quarter ended December 2025 as
against 2.72 Lakh units in the quarter ended December 2024. Total three-wheeler
sales for the quarter under review grew by 106% at 0.60 Lakh units as against 0.29
Lakh units during third quarter of 2024-25.
EV Sales:
During the
quarter under review, the Company’s EV sales grew by 40% achieving highest ever
quarterly sales of 1.06 Lakh units in the quarter ended December 2025 as
against 0.76 Lakh units during quarter ended December 2024.
Cumulative nine months results:
Operating revenue grew by 29% at Rs. 34,463
Crores for nine
months ended December 2025 as against Rs. 26,701 Crores for the nine months
ended December 2024.
The Company’s Operating EBITDA grew by 41% at Rs. 4,406
Crores for nine months ended December 2025 as
against EBITDA of Rs. 3,121 Crores for the nine
months ended December 2024. The Company’s PBT before
exceptional items grew by 43% at Rs. 3,594 Crores for the nine months ended
December 2025 as against Rs. 2,517 Crores during nine months ended December 2024.
The Company’s PAT for the nine months ended December 2025 is at Rs. 2,625
Crores as against Rs. 1,858 Crores during nine months ended December 2024.
Sales:
The Company’s two-wheeler and three-wheeler sales including international
business grew by 23% registering 43.28 Lakh units in the nine months ended
December 2025 as against 35.27 Lakh units registered in the nine months ended
December 2024. Motorcycle sales grew by 24% registering 20.19 Lakh units in the
nine months ended December 2025 as against 16.31 Lakh units in nine months
ended December 2024. Scooter sales for the nine months ended December 2025 grew
by 25% registering 17.52 Lakh units as against the sales of 14.02 Lakh units in
the nine months ended December 2024. The two-wheeler sales in
international business grew by 35% at 10.47 Lakh
units in the nine months ended December 2025 as against 7.78 Lakh units in the
nine months ended December 2024. Total three-wheeler sales is at 1.59
Lakh units for the nine months ended December 2025 as against 0.98 Lakh units
during nine months ended December 2024. Electric
vehicles grew by 26% registering sales of 2.56 Lakh units for the nine
months ended December 2025 as against 2.03 Lakh units
during the nine months ended December 2024.