TVS Motor posts record quarterly sales as EV sales jump 133%

TVS Motor Company recorded its highest-ever quarterly sales in the July-September quarter of FY27, driven by electric vehicle demand. Electric two-wheeler sales surged 133% year-on-year to 1.86 lakh units, while overall two- and three-wheeler sales grew 27% to 19 lakh units. Revenue rose 44% to ₹17,103 crore, while profit after tax increased 52% to ₹1,377 crore, according to company figures.