In the two-wheeler segment, total sales rose 25% to 498,134 units from 400,120 units a year ago. Domestic two-wheeler sales also grew at the same pace, increasing 25% to 372,383 units from 297,622 units. Within this, motorcycle sales climbed 18% to 232,788 units, while scooter sales saw a stronger growth of 31%, rising to 217,624 units.
Electric vehicle sales recorded a sharp increase of 44%, with volumes rising to 38,877 units from 26,935 units in the corresponding month last year. The company’s international business posted a 25% growth, with total sales increasing to 141,443 units from 113,464 units.
Two-wheeler exports grew 23% to 125,751 units. Three-wheeler sales registered a robust growth of 46%, rising to 21,224 units in March 2026 from 14,567 units in March 2025.
TVS Motor share price performance
Shares of TVS Motor have dropped 10% over the past one month. However, the share price has remained largely range-bound over a longer horizon, slipping just 0.5% in the last six months. On a year-to-date basis, the TVS share price is down nearly 10% while it has delivered an impressive 38% return in the last 1 year.
TVS Motor Q3 snapshot
The company reported a 49% year-on-year (YoY) jump in consolidated net profit for the December quarter at Rs 841 crore, compared with Rs 566 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company.
The company’s revenue from operations stood at Rs 14,756 crore in Q3FY26, up 34% from Rs 11,034 crore reported in the corresponding period of the previous financial year. The company posted its highest-ever quarterly sales, revenue and profits.Overall two-wheeler and three-wheeler sales, including international business, grew 27% YoY to a record 15.44 lakh units in the quarter ended December 2025, compared with 12.12 lakh units in the year-ago period.
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