TVS Motor signals Q2 price hike as it ramps vehicle and EV capacity

TVS Motor may raise prices in Q2 to offset higher steel, aluminium and petroleum-linked costs. The company is investing ₹3,500 crore this fiscal to expand two- and three-wheeler production, lift electric-vehicle capacity and prepare four new Norton motorcycle launches.

— Filed Tue, 21 Jul, 2026, 20:36 IST · Source The Hindu BusinessLine · Updated

TVS Motor may raise prices in Q2 to offset steel, aluminium and petroleum-linked inflation. It is expanding vehicle and EV capacity, investing ₹3,500 crore this fiscal, and preparing four Norton launches including in India.

Why this matters

The potential Q2 increase follows TVS Motor's premium and EV capacity push and comes after Q1 FY27 consolidated PAT rose 65% to ₹1,058 crore; another recent signal reported Q1 profit up 51% on 38% revenue growth.

Retail-company signals are accelerating, up +967400% QoQ.