News

TVS Motor Q2FY26 Results Preview: TVS Motor is ready to announce its Q2FY26 results on October 28. The Zee Business Research Team expects a net profit of Rs 912 crore, up around 38 per cent from last year and 17 per cent higher than the previous quarter.

Revenue is likely to touch Rs 11,800 crore, up 28 per cent, while EBITDA may rise to Rs 1,520 crore, with margins improving to 12.9 per cent. Analysts say the gains could come from better operations and government incentives under the PLI scheme.

Sales volumes are expected to jump 22.7 per cent to 15.1 lakh units, with average realization per unit rising close to Rs 78,900. Exports are projected to grow 40 per cent, showing TVS’s widening reach overseas.

The company is expected to continue outperforming the two-wheeler industry. New launches and a rising presence in electric two-wheelers add to optimism. Analysts believe solid volumes, higher realizations, and efficient operations will keep growth steady.

TVS Motor reported strong Q1 results for the fiscal year 2025-26, with net profit rising 35 per cent to Rs 779 crore and revenue increasing 20 per cent to Rs 10,081 crore. The company achieved its highest-ever quarterly revenue and saw significant growth in all sales segments, including motorcycles, scooters, three-wheelers, and electric vehicles.

Financial highlights

Profit After Tax (PAT): Rs 779 crore, a 35 per cent increase from the previous year. Revenue: Rs 10,081 crore, up 20 per cent year-on-year.

Operating EBITDA: Rs 1,263 crore, a 32 per cent increase from the previous year.

EBITDA Margin: Improved by 100 basis points to 12.5 per cent.

Profit Before Tax (PBT): Rs 1,053 crore, a 35 per cent growth.

Shares of TVS Motor Company Ltd were trading at Rs 3,601.90 on October 24, up Rs 4.70 or 0.13 per cent on Friday on the NSE. Over the past month, the stock has gained Rs 148.90, a 4.31 per cent rise.

Year-to-date, TVS Motor’s stock has delivered remarkable returns, rising Rs 1,195.30 or 49.67 per cent, as strong operational performance, new launches, and expanding presence in the electric two-wheeler segment have attracted investor interest.

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff