TVS Motor Company Limited has informed the Exchange regarding Monthly Business Updates for the month of June 2025
TVSMOTOR · price
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TVS Motor Company posted its highest-ever quarterly sales of 12.77 lakh units in Q1FY26, with two-wheeler volumes up 17% and three-wheelers up 46% year-on-year. In June 2025 alone, total sales reached 402,001 units, a 20% jump from 333,646 units in June 2024, driven by motorcycles (+24%) and scooters (+26%). Exports were a standout, surging 54% to 117,145 units, with two-wheeler exports up 58%. The three-wheeler segment also grew 42%. However, EV sales declined to 14,400 units (from 15,859 units a year ago) due to ongoing supply chain disruptions, particularly magnet availability, which the company flagged as a short-to-medium term challenge.
Broad-based growth and record quarterly volumes, led by a sharp 54% rise in exports, point to strong demand momentum and positive momentum for the stock. The EV segment headwind from magnet shortages is a near-term concern but does not overshadow the strong overall performance.