TVS Motor Q2 Profit Surges 52%

TVS Motor Company has announced a significant financial uplift for the second quarter of FY27, reporting a 52% year-on-year increase in profit after tax, reaching Rs 1,377 crore. Revenue from operations saw a substantial 44% jump to Rs 17,103 crore. The company achieved its highest-ever quarterly sales figures, with combined two- and three-wheeler volumes rising by 27% to 1.9 million units.

The company's performance was notably driven by its electric two-wheeler segment, which more than doubled its sales, surging by an impressive 133% to 186,186 units compared to the previous year. The international business also contributed positively, with sales increasing by 35%.

In a strategic move, TVS Motor's board of directors approved the acquisition of STPL Trading and Services Private Limited for Rs 530.08 crore on October 28, 2026. This acquisition is set to make STPL a wholly owned subsidiary. Further, the board also greenlit a composite scheme of arrangement involving other subsidiaries.