TVS Motor posts record Q1 FY27 profit of ₹1,174 crore, up 51%

TVS Motor reported 38% year-on-year revenue growth to ₹13,896 crore in Q1 FY27 as two- and three-wheeler sales rose 28% to 1.63 million units. EBITDA increased 41% to ₹1,779 crore, with margin expanding 30 basis points to 12.8%.

— Filed Tue, 21 Jul, 2026, 15:29 IST · Source Business Standard · Companies · Updated

TVS Motor posted record Q1 FY27 standalone profit of ₹1,174 crore, up 51% year-on-year, driven by record vehicle sales and 38% revenue growth. The company partly offset commodity-cost inflation through price increases, cost optimisation and scale benefits.

Why this matters

The result adds to recent TVS Motor signals reporting Q1 profit growth, a board-approved fundraising proposal, and management's view that Indian EV two-wheeler penetration has crossed 10%.

Retail-company signals are accelerating, up 954,600% QoQ.