TVS MOTOR – Q2 FY26 HIGHLIGHTS

📊 Total 2W & 3W Sales: 15.07 lakh units (+23% YoY) — record Q2 🏍️ Motorcycles: 6.73 lakh units (+20% YoY) 🛵 Scooters: 6.39 lakh units (+30% YoY) 🌍 International 2W: 3.63 lakh units (+31% YoY) 🚛 3W: 0.53 lakh units (+41% YoY) 🔋 EV Sales: 0.80 lakh units (+7% YoY) — highest ever, magnet supply remains a constraint 💰 Financials vs Estimates: • Profit: ₹906 Cr vs ₹953 Cr est • Revenue: ₹11,905 Cr vs ₹11,758 Cr est • EBITDA: ₹1,508 Cr vs ₹1,509 Cr est • Margins: 12.7% vs 12.8% est ✅ Overall: Strong operational performance with record sales, minor deviation from financial estimates.