Operating EBITDA stood at Rs 1,263 crore in Q1 FY26, registering the growth of 32% compared with Rs 960 crore in Q1 FY25. The company’s operating EBITDA margin improved by 100 bps to 12.5% during the quarter ended June 2025 as against 11.5% in the quarter ended June 2024.

The overall two-wheeler and three-wheeler sales including exports grew by 17% registering sales of 12.77 Lakh units in the quarter ended June 2025 as against 10.87 Lakh units registered in the quarter ended June 2024.

Motorcycle sales grew by 21% registering 6.21 lakh units in the quarter ended June 2025 as against 5.14 lakh units in quarter ended June 2024.

Scooter sales grew by 19% to 4.99 lakh units in Q1 FY26 as against 4.18 lakh units sold in Q1 FY25. Electric Scooter sales for the quarter ended June 2025 grew by 35% at 0.70 lakh units as against 0.52 lakh units in the quarter ended June 2024.

Three-wheeler sales grew 46% to 0.45 lakh units during the quarter under review as against 0.31 lakh units sold during first quarter of 2024-25.

Meanwhile, the company’s board approved the proposal to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis in one or more tranches /series, over a period of time.

TVS Motor Company is a reputed two-wheeler and three-wheeler manufacturer globally. It has four manufacturing facilities located in India and Indonesia.

The scrip shed 0.04% to Rs 2,790.65 on the BSE.