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TVS MOTOR COMPANY
Quarterly Results Analysis [Mar2026]

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TVS MOTOR COMPANY Quarterly Results

Consolidated Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹15,053 Cr ₹14,756 Cr ₹14,051 Cr ₹12,210 Cr ₹11,542 Cr ₹11,035 Cr ₹11,197 Cr ₹10,314 Cr
Expenses ₹12,866 Cr ₹12,485 Cr ₹11,929 Cr ₹10,396 Cr ₹9,622 Cr ₹9,381 Cr ₹9,572 Cr ₹8,866 Cr
Operating Income ₹2,187 Cr ₹2,270 Cr ₹2,122 Cr ₹1,814 Cr ₹1,920 Cr ₹1,654 Cr ₹1,625 Cr ₹1,449 Cr
Other Income ₹7 Cr ₹-10 Cr ₹-14 Cr ₹40 Cr ₹-68 Cr ₹65 Cr ₹32 Cr ₹41 Cr
Interest ₹566 Cr ₹561 Cr ₹552 Cr ₹551 Cr ₹551 Cr ₹536 Cr ₹507 Cr ₹500 Cr
Depreciation ₹315 Cr ₹323 Cr ₹320 Cr ₹315 Cr ₹292 Cr ₹258 Cr ₹254 Cr ₹241 Cr
Profit Before Tax ₹1,313 Cr ₹1,326 Cr ₹1,236 Cr ₹988 Cr ₹1,009 Cr ₹925 Cr ₹897 Cr ₹748 Cr
Profit After Tax ₹835 Cr ₹894 Cr ₹845 Cr ₹654 Cr ₹703 Cr ₹626 Cr ₹600 Cr ₹495 Cr
EPS ₹16.24 ₹17.71 ₹16.74 ₹12.84 ₹13.64 ₹11.91 ₹11.80 ₹9.70
Industry Peers & Returns1W1M1Y
TVS MOTOR COMPANY -4% -8.4% 25.4%
BAJAJ AUTO -2% 5.2% 30%
EICHER MOTORS -2.5% -1.5% 27.5%
HERO MOTOCORP -3.2% -4.2% 27.2%
OLA ELECTRIC MOBILITY -3.4% -7.4% -27.5%
ATUL AUTO 5.1% 9.9% 2.3%
WARDWIZARD INNOVATIONS & MOBILITY -4.1% -16.7% -63.1%

TVS MOTOR COMPANY Quarterly Revenues

Revenues
Q-o-Q

2.01 %

Y-o-Y

30.42 %

Quarters Revenues % Change
Mar2026 ₹15,053 Cr
2.01
Dec2025 ₹14,756 Cr
5.01
Sep2025 ₹14,051 Cr
15.08
Jun2025 ₹12,210 Cr
5.79
Mar2025 ₹11,542 Cr
4.60
Dec2024 ₹11,035 Cr
-1.45
Sep2024 ₹11,197 Cr
8.56
Jun2024 ₹10,314 Cr -

TVS MOTOR COMPANY Quarterly Operating Profit

Operating Profit
Q-o-Q

-3.67 %

Y-o-Y

13.92 %

Quarters Operating Profit % Change
Mar2026 ₹2,187 Cr
-3.67
Dec2025 ₹2,270 Cr
6.97
Sep2025 ₹2,122 Cr
17.01
Jun2025 ₹1,814 Cr
-5.51
Mar2025 ₹1,920 Cr
16.05
Dec2024 ₹1,654 Cr
1.77
Sep2024 ₹1,625 Cr
12.19
Jun2024 ₹1,449 Cr -
Operating Margins
Q-o-Q

-5.59 %

Y-o-Y

-12.63 %

Quarters Operating Margin% % Change
Mar2026 14.53%
-5.59
Dec2025 15.39%
1.92
Sep2025 15.1%
1.62
Jun2025 14.86%
-10.64
Mar2025 16.63%
10.94
Dec2024 14.99%
3.24
Sep2024 14.52%
3.35
Jun2024 14.05% -

TVS MOTOR COMPANY Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

-6.65 %

Y-o-Y

18.76 %

Quarters Profit After Tax % Change
Mar2026 ₹835 Cr
-6.65
Dec2025 ₹894 Cr
5.80
Sep2025 ₹845 Cr
29.25
Jun2025 ₹654 Cr
-6.97
Mar2025 ₹703 Cr
12.25
Dec2024 ₹626 Cr
4.36
Sep2024 ₹600 Cr
21.12
Jun2024 ₹495 Cr -
PAT Margins
Q-o-Q

-8.58 %

Y-o-Y

-9.03 %

Quarters PAT Margin(%) % Change
Mar2026 5.54 %
-8.58
Dec2025 6.06 %
0.83
Sep2025 6.01 %
12.34
Jun2025 5.35 %
-12.15
Mar2025 6.09 %
7.41
Dec2024 5.67 %
5.78
Sep2024 5.36 %
11.67
Jun2024 4.8 % -

TVS MOTOR COMPANY Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

-8.30 %

Y-o-Y

19.06 %

Quarters EPS % Change
Mar2026 ₹16.24
-8.30
Dec2025 ₹17.71
5.79
Sep2025 ₹16.74
30.37
Jun2025 ₹12.84
-5.87
Mar2025 ₹13.64
14.53
Dec2024 ₹11.91
0.93
Sep2024 ₹11.8
21.65
Jun2024 ₹9.7 -

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