TVS Motor stock in focus after 52% Q2 profit rise
Published on 11/06/2026 at 03:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly growth and restructuring
- TVS Motor reported record September-quarter revenue alongside stronger vehicle volumes and operating profitability.
- The company plans to separate its consumer finance activities from its core mobility business.
- Electric two-wheeler sales and international operations remained important growth drivers in the quarter.
TVS Motor stock remains in focus after the company reported a sharp increase in second-quarter profit for the period ended September 30, 2026. Fortune India reported on October 28 that net profit rose 52.4 percent year on year to INR 1,377 crore, while revenue from operations increased 43.7 percent to a record INR 17,103 crore.
Record volumes support earnings
TVS Motor sold 1.919 million vehicles in the September quarter, up from 1.507 million a year earlier. EBITDA increased 47.2 percent to INR 2,219 crore, and the EBITDA margin widened to 13 percent from 12.7 percent.
Electric two-wheeler sales rose 133 percent year on year to 186,000 units. International business sales increased 35 percent to 539,000 units, while three-wheeler sales climbed 47 percent to 78,475 units.
Finance separation changes structure
The board approved a composite scheme to separate the consumer finance and related activities into a dedicated entity. The restructuring includes TVS Motor acquiring the entire stake in Harita ARC for INR 25,000, according to the Fortune India report.
On the latest available Indian-market quote, TVS Motor stock traded at INR 4,450 at 09:58 UTC on Thursday, November 5, 2026. The quote was for the company’s Indian listing and was not a Lang & Schwarz price.
Mobility and finance businesses
TVS Motor operates in mobility with motorcycles, scooters, three-wheelers and electric two-wheelers, while its wider group structure also includes consumer finance activities. Its products serve Indian and international markets, with exports contributing to the quarter’s growth. The planned separation is intended to give the finance operations a dedicated structure while leaving TVS Motor focused on mobility.
TVS Motor at a glance
- Company: TVS Motor Company Limited
- ISIN: INE494B01023
- Latest quote: INR 4,450 on November 5, 2026, at 09:58 UTC
- Second-quarter revenue: INR 17,103 crore for the period ended September 30, 2026
- Second-quarter net profit: INR 1,377 crore
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