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TVS Motor roars ahead with 76% profit surge as electric vehicles, exports fuel record growth

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TVS Motor reports 76% profit surge to ₹852 crore in Q4FY25, with EV sales jumping 54% and scooter sales up 27%.
TVS Motor roars ahead with 76% profit surge as electric vehicles, exports fuel record growth
The Chennai-based automaker's revenue from operations also grew 17%. Credits: Sanjay Rawat

India’s leading two- and three-wheeler manufacturer TVS Motor Company has reported spectacular financial results for Q42025, with standalone net profit skyrocketing 76% year-on-year (YoY) to ₹852.12 crore. This is a significant leap from ₹485.43 crore the company reported in Q4FY24 and showcases a sustained momentum from the ₹618.48 crore profit recorded in the preceding December quarter.

The Chennai-based automaker’s revenue from operations also grew 17% to ₹9,550 crore during the quarter, up from ₹8,169 crore in the same period last year. More notably, TVS Motor achieved its highest-ever quarterly operating EBITDA of ₹1,333 crore, an increase from ₹926 crore in Q4FY24, with EBITDA margins expanding to 14.0%.

TVS Motor Shows Robust Growth

TVS Motor’s total sales volume, including exports of two-wheelers and three-wheelers, rose 14% to 12.16 lakh units in the March quarter compared to 10.63 lakh units a year earlier. The company’s motorcycle segment grew 10% YoY to 5.64 lakh units, while scooter sales surged an impressive 27% to 5.02 lakh units.

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The electric vehicle division emerged as a particular standout, with sales growing 54% to reach 76,000 units in Q4FY25 versus 49,000 units in the same quarter last year. Three-wheeler sales also posted healthy growth of 21%, climbing to 37,000 units from 30,000 units in Q4FY24.

TVS Motor’s Strategic Investments Paying Dividends

The company noted that its strong performance can be attributed to several strategic initiatives. TVS Motor has been aggressively expanding its electric vehicle lineup, with the iQube and X models gaining significant market traction. Simultaneously, the company has been strengthening its international presence, particularly in African and Southeast Asian markets, which has helped offset any domestic market fluctuations.

TVS Motor’s premium product strategy has also borne fruit, with models like the Apache series and NTORQ scooters contributing to improved profitability.

Looking ahead, the company plans to launch three new electric vehicles in FY26 as part of its broader electrification strategy. The company is also preparing to expand its three-wheeler exports to Latin American markets and is scaling up production capacity at its Hosur EV plant to meet growing demand.

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