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TVS Motor Q3 Results: Revenue, net profit at a record, as sales surge 27%

TVS Motor Q3 Results FY26: Net profit rose 52% YoY to ₹940 crore on revenue that increased 37.1% YoY to ₹12,476 crore.

Updated on: Jan 28, 2026 03:06 PM IST
By Tushar Deep Singh
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TVS Motor Co. Ltd. has reported its highest ever quarterly earnings, on the back of sales which too are at a record.

TVS Apache RTX 300 is the first adventure tourer from the brand. (HT)
TVS Apache RTX 300 is the first adventure tourer from the brand. (HT)

Standalone net profit of the Chennai-based automaker rose 52% over the year-ago period to ₹940 crore in the three months ended 31 December 2025, on revenue that increased 37.1% year-on-year to ₹12,476 crore, according to an exchange filing on Wednesday (28 January 2026).

Analysts polled by Bloomberg had estimated the top line at ₹12,113 crore and the bottomline at ₹950 crore.

TVS Motor Q3 Results FY26 (Standalone, YoY)

  • Revenue up 37.1% at ₹12,476 crore (Estimate: ₹12,113 crore)
  • EBITDA up 51% at 1,634 crore (Estimate: ₹1,540 crore)
  • EBITDA margin up 120 bps at 13.1% (Estimate: 12.7%)
  • Net profit up 52% at ₹940 crore (Estimate: ₹940 crore)

One basis point is one-hundredth of a percentage point.

 
ABOUT THE AUTHOR
Tushar Deep Singh

Tushar Deep Singh is a business journalist and digital editorial leader with 12 years of experience in financial journalism. Currently Assistant Editor at Hindustan Times, he is building the HT Business vertical and managing the newsletters for both Livemint and HT. When not in the newsroom, he can be found on a motorcycle. Throughout his career, Tushar has been instrumental in scaling digital publishing operations at some of India’s largest financial news websites. His six-year tenure at Mint—the first job—saw him plunge into online media to deliver record-breaking digital engagement for Livemint.com, including 7.2 million page views on 2017 UP Election Results day. He held fort at Livemint during a senior-level leadership transition later that year. That won him the HT Media Star Award (Bronze) in 2017 and a Certificate of Appreciation for Editorial Excellence in 2018. As the head of the digital desk at ETtech, he curated two daily, full-stack newsletters from an editorial as well as product perspective. At NDTV Profit, he transitioned from website editor to principal correspondent, reporting on the auto sector for the TV channel and website, thereby adding yet another layer to his editorial expertise. He is a post-graduate in journalism from Xavier Institute of Communications, Mumbai, and a graduate from St. Xavier's College, Ahmedabad.

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