TVS Motor Company's Q1 FY 2026-27 Quarterly Results

Result Summary

• TVS Motor Company Ltd reported a 9.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 34.3%.
• Its expenses for the quarter were up by 8.4% QoQ and 32.3% YoY.
• The net profit increased 29.0% QoQ and increased 64.5% YoY.
• The earnings per share (EPS) of TVS Motor Company Ltd stood at 21.46 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
TVS Motor Company Ltd is one of the leading manufacturers of two-wheelers and three-wheelers in India. The company's extensive product portfolio includes motorcycles, scooters, mopeds, and three-wheeler vehicles. Known for its innovation and customer-centric approach, TVS Motor has a significant presence in both domestic and international markets. Recent developments in the company include a focus on expanding its electric vehicle offerings to cater to the growing demand for eco-friendly transportation solutions. The company operates in the highly competitive automotive industry, where technological advancements and regulatory changes play a crucial role in shaping business strategies.

## Revenue
In Q1FY27, TVS Motor Company Ltd reported a total income of ₹16,453.72 crores, marking a 9.3% increase from the previous quarter (Q4FY26) where the total income was ₹15,059.38 crores. Compared to the same quarter in the previous fiscal year (Q1FY26), the total income saw a substantial year-over-year growth of 34.3%, up from ₹12,249.71 crores. This upward trend in revenue reflects the company's continuous efforts to enhance its market share and product offerings. The growth in total income can be attributed to various factors, including an increase in sales volume, product diversification, and expansion into new markets.

## Profitability
TVS Motor Company Ltd's profitability showed significant improvement in Q1FY27. The profit before tax (PBT) was ₹1,559.50 crores, which is an 18.8% increase from the previous quarter's PBT of ₹1,313.20 crores. Year-over-year, the PBT grew by 57.8% from ₹988.11 crores in Q1FY26. The profit after tax (PAT) reached ₹1,057.61 crores, demonstrating a robust 29.0% increase quarter-over-quarter and a remarkable 64.5% increase year-over-year, from ₹819.55 crores in Q4FY26 and ₹642.86 crores in Q1FY26, respectively. The earnings per share (EPS) also improved significantly, rising to ₹21.46 from ₹16.24 in the previous quarter and ₹12.84 in the corresponding quarter last year, representing a quarterly growth of 32.1% and a yearly growth of 67.1%.

## Operating Metrics
The total expenses for the company in Q1FY27 were reported at ₹14,894.22 crores, which is an 8.4% increase from Q4FY26's expenses of ₹13,746.18 crores. On a year-over-year basis, the total expenses rose by 32.3% from ₹11,261.60 crores in Q1FY26. The tax outlay for the quarter was ₹487.58 crores, a slight increase of 1.9% from the previous quarter's ₹478.58 crores and a 45.8% rise from ₹334.33 crores in Q1FY26. The overall increase in expenses aligns with the company's revenue growth, indicating scaling operations. The financial data highlights effective cost management strategies, as the increase in expenses is proportionately lower than the revenue growth, contributing to improved profitability.