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Results · Oct-Dec 2025

TVS Motor Company Q3 FY26 results

Sales 20%+, profit 30%+Growth band: sales up 20% or more & profit up 30% or more on the same quarter last year, with a wider operating margin.

Sales grew 33% to ₹14,756 crore from ₹11,135 crore in Oct-Dec 2024.

Operating profit grew 36% to ₹2,270 crore, an operating margin of 15.4% (up 0.4 points from a year ago).

Net profit grew 46% to ₹891 crore from ₹609 crore in Oct-Dec 2024.

Against Jul-Sep 2025: sales +5%, net profit +7%.

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Oct-Dec 2025 vs a year ago

₹ croreOct-Dec
2025
Oct-Dec
2024
Change
Sales14,75611,135+33%
Operating profit (EBITDA)2,2701,665+36%
Operating margin15.4%15.0%+0.4 pts
Net profit891.3609.4+46%

Consolidated figures. Margins & ratios change in percentage points (pts).

The last 7 quarters

From the company's results filed on BSE (Consolidated). Business numbers only. Education & analysis, not investment advice or a recommendation.

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