TVS Motor Company Achieves 7% Yearly Sales Growth in April 2026
TVS Motor Company reports 7% YoY growth in April 2026 sales
Business Standard
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TVS Motor Company reported a 7% year-on-year increase in total sales for April 2026, reaching 473,970 units. Domestic two-wheeler sales grew by 8%, while electric vehicle sales surged by 36%. Despite overall growth, motorcycle sales declined by 9% compared to the previous year.
- 01Total sales increased to 473,970 units in April 2026.
- 02Domestic two-wheeler sales rose by 8% to 348,545 units.
- 03Electric vehicle sales surged by 36% to 37,771 units.
- 04Motorcycle sales declined by 9% to 200,039 units.
- 05The company's standalone net profit jumped 52.04% to βΉ940.37 crore.
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TVS Motor Company, a prominent manufacturer of two-wheelers and three-wheelers, reported a 7% year-on-year growth in total sales for April 2026, totaling 473,970 units compared to 443,716 units in April 2025. Domestic two-wheeler sales grew by 8%, reaching 348,545 units, while total two-wheeler sales increased by 6% to 455,333 units. Notably, the electric vehicle segment saw a significant 36% rise in sales, totaling 37,771 units. However, motorcycle sales faced a decline, dropping 9% to 200,039 units. In contrast, scooter sales thrived, increasing by 24% to 211,158 units. On the international front, total exports grew by 3% to 120,008 units. The company's financial performance was robust, with standalone net profit soaring 52.04% to βΉ940.37 crore on a 37.14% increase in revenue from operations, amounting to βΉ12,476.26 crore in Q3 FY26 over Q3 FY25.
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The growth in sales, particularly in electric vehicles and scooters, indicates a positive trend for consumers seeking more sustainable transportation options. This could lead to increased availability and potentially lower prices for electric vehicles in the market.
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