TVS Motor targets FY27 export-led growth after record FY26 sales

TVS Motor sold 5.89 million vehicles in FY26, up 24% year on year, as exports and electric two-wheelers gained momentum. The company plans to deepen its presence across Africa, Latin America, Asia and Europe while expanding India’s EV retail and charging network.

— Filed Wed, 22 Jul, 2026, 17:57 IST · Source Business Standard · Companies · Updated

TVS Motor reported record FY26 sales, revenue and EBITDA, backed by EV and export growth. It plans deeper expansion across Africa, Latin America, Asia and Europe, while widening India EV retail infrastructure and evaluating a potential staged separation of TVS Credit.

Why this matters

The growth plan follows TVS Motor's recent reviews of a TVS Credit separation, including a potential hive-off and financial-services split to unlock shareholder value.

Retail-company is accelerating, up 1,007,700% QoQ.