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TVS Motor posted a 46%–49% profit surge in Q3 2026, fueled by record sales and strong EV growth.
TVS Motor Company reported a 46% to 49% year-on-year increase in consolidated net profit for the third quarter of fiscal year 2026, reaching ₹841 crore to ₹891 crore, driven by a 34% rise in revenue to ₹14,756 crore.
The company achieved record quarterly sales of 15.44 lakh two- and three-wheelers, up 27% from the prior year, with strong growth in motorcycles, scooters, international sales, and electric vehicles, which surged 40% to 1.06 lakh units.
Operating EBITDA rose 51% to ₹1,634 crore, with a record margin of 13.1%.
The stock rose 2.5% to ₹3,657 on the NSE.
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TVS Motor registró un aumento de ganancias del 46% al 49% en el tercer trimestre de 2026, impulsado por ventas récord y un fuerte crecimiento de los vehículos eléctricos.