TVS Motor Company has achieved a significant milestone by reporting its highest-ever quarterly sales, surpassing the 15 lakh unit mark for the first time in Q2 FY2026. This achievement reflects the company’s robust growth trajectory and strong market demand for its two and three-wheeler vehicles.
Sales Performance Overview
In Q2 FY2026 (July-September 2025), TVS sold a total of 15,06,950 units, marking a remarkable 22.69% year-on-year (YOY) increase compared to 12,28,223 units in Q2 FY2025. Here’s a breakdown of the sales:
- Two-Wheelers: 14.54 lakh units sold, up 22% from 11.90 lakh units in Q2 FY2025.
- Three-Wheelers: 0.53 lakh units sold, reflecting a 41% growth from 0.38 lakh units in Q2 FY2025.
- Electric Vehicles: Contributed 31,266 units, an 8% increase from 28,901 units in September 2024.
Monthly Sales Highlights
In September 2025 alone, TVS sold 5,41,064 units, achieving a 12% YOY growth compared to 4,82,495 units in September 2024. Notably, the three-wheeler segment showed impressive growth, with a 60% increase in sales from 10,703 units in September 2024 to 17,141 units in September 2025.
Export Growth
TVS also excelled in its export market, with a 30% growth, selling 4 lakh units in Q2 FY2026 compared to 3.09 lakh units in Q2 FY2025. This indicates a strong global demand for TVS products.
Challenges Ahead
Despite these achievements, the company faces challenges, particularly due to a shortage of rare earth magnets, which may impact production in the short to medium term.
Conclusion
TVS Motor Company’s record sales in Q2 FY2026 underscore its position as a leading player in the two-wheeler and three-wheeler segments. With a focus on expanding its electric vehicle lineup and addressing production challenges, TVS continues to enhance its market presence and drive growth.
FAQs
What were TVS’s total sales in Q2 FY2026?
TVS sold a total of 15,06,950 units in Q2 FY2026.
How much did the electric vehicle segment contribute to sales?
The electric vehicle segment contributed 31,266 units, marking an 8% YOY growth.