TVS Motor Company Limited has informed the Exchange regarding Monthly Business Updates for the month of July 2025
TVSMOTOR · price
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TVS Motor reported total sales of 456,350 units in July 2025, a 29% jump from 354,140 units in July 2024. Two-wheeler sales grew 29% to 438,790 units, driven by a 25% rise in motorcycles (201,494 units) and a strong 42% growth in scooters (198,265 units). Domestic two-wheeler sales rose 21%, while electric vehicle sales grew a modest 10% to 23,605 units, with the company flagging continued magnet supply challenges. Exports surged 46% to 142,629 units, with two-wheeler exports up 52% to a record high, and three-wheeler sales rose 21%.
The strong double-digit growth across motorcycles, scooters, and exports signals robust demand momentum and improving international footprint, which is positive for revenue and margin outlook. However, the slower EV growth and magnet supply concerns are minor headwinds to watch.