January 28, 2026
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TVS Motor reports highest ever quarterly sales and 37% revenue growth, with EBITDA margin at 13.1%.
TVS Motor reported operating revenue of Rs. 12,476 Crores for Q3 December 2025 (up 37% y/y), operating EBITDA of Rs. 1,634 Crores (up 51%) with a 13.1% margin, and PBT before exceptional items of Rs. 1,315 Crores (up 57%). Quarterly unit sales were 15.44 lakh units (up 27%), including EV sales of 1.06 lakh units (up 40%). For the nine months ended December 2025, operating revenue was Rs. 34,463 Crores (up 29%), operating EBITDA Rs. 4,406 Crores (up 41%), PBT before exceptional items Rs. 3,594 Crores (up 43%), and PAT Rs. 2,625 Crores.