GaadiWaadi –
Sales of 3.71 lakh electric units last FY show a 33 per cent improvement over the 2.79 lakh units posted in FY25 for TVS
Last mile mobility was a definitive hero in TVS Motor Company’s FY2026 results. The three-wheeler business nearly doubled its pace clocking 63 per cent growth to finish the year at 2.19 lakh units – a number that would have seemed ambitious even two years ago. It sits within a much larger outlook of a company that has grown across every category it operates in.
The annual revenue crossed Rs 47,270 crore for the first time in TVS’s history – moving 30 per cent ahead of the Rs 36,251 crore posted in FY25 and nearly 59 lakh two and three-wheelers left TVS showrooms through the year – up from 47.44 lakh units in FY25 with the growth spread across motorcycles, scooters and electric vehicles.
The motorcycle sales accounted for 27.13 lakh of those units – 24 per cent more than the 21.95 lakh sold during the same period the previous fiscal while scooters moved even faster – growing 27 per cent to 24.13 lakh units from 19.04 lakh the year before. The Apache range has played a significant role in posting impressive numbers.
Meanwhile, offerings such as the Raider 125 and Radeon have been well received by customers. As for scooters, the Jupiter and Ntorq range have led the way. The EV business has been building steadily and FY2026 proved to be a game changer. Sales of 3.71 lakh electric units endure a 33 per cent improvement over the 2.79 lakh units posted in FY25.
The cumulative ownership base for the brand now stands at over 9 lakh customers courtesy of the iQube series – the best-selling electric vehicle in the country – and the Orbiter. Profitability held up well through this expansion as operating EBITDA margin for the year came in at 12.9 per cent, 60 basis points better than FY25 while operating PBT climbed 40 per cent to Rs 4,975 crore from Rs 3,563 crore previously.
The January to March 2026 quarterly revenue hit Rs 12,808 crore – a peak the company has never touched before. Operating EBITDA margin for the quarter was 13.1 per cent compared to a normalised 12.5 per cent in the same period of FY25. The volume performance was equally good – 15.60 lakh units across two and three-wheelers, 28 per cent ahead of the 12.16 lakh units in Q4 FY25.
Within this, motorcycles added 23 per cent to reach 6.93 lakh units, scooters grew 32 per cent to 6.60 lakh units and three-wheelers surged 65 per cent to 0.60 lakh units. In addition, EV sales in Q4 alone jumped 51 per cent to 1.15 lakh units. Buoyed by the reception, the Hosur-based manufacturer is planning to invest over Rs. 3,500 crore to ramp up its production this FY.
The post TVS Records Highest Ever Sales Of 59 Lakh Units In FY26 appeared first on Gaadiwaadi.com – Latest Car & Bike News by Surendhar M.
