TVS Motor Company Limited — Investor Meet, 28-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

TVS Motor reported strong Q1 FY27 results: revenue surged 38% to ₹13,896 Cr, EBITDA rose 41% to ₹1,779 Cr with margins at 12.8%, and PAT grew 51% to ₹1,174 Cr. Total sales volumes jumped 28%. Domestic 2-wheeler ICE sales grew 21%, while EVs soared 86%, hitting 130,000 units. International business sales grew 33%, reaching a record 4.68 lakh units, driven by strong demand in Africa and LATAM. Management anticipates Q2 will see continued double-digit industry growth for ICE, with EV momentum maintained or improved. The company is investing ₹3,500 Cr in capacity expansion and new products, aiming for 8.3 million 2-wheeler units by Q4. Despite commodity headwinds, TVS expects to outperform the industry through product mix and cost efficiencies.