TVS Motor Company (TVSM), a prominent player in the two and three-wheeler segments, has reported a 7% increase in sales for April 2026, with a total of 473,970 units sold compared to 443,716 units in April 2025. Despite robust customer demand in both domestic and international markets, dispatch volumes were affected by production challenges due to supply chain constraints. These issues included workforce availability, shortages in raw materials and consumables, and limited container availability for international dispatches. TVSM has implemented countermeasures and expects production to recover in May 2026.
In the two-wheeler segment, TVSM registered a 6% growth with sales rising from 430,150 units in April 2025 to 455,333 units in April 2026. Domestic two-wheeler sales increased by 8%, from 323,647 units in April 2025 to 348,545 units in April 2026. However, motorcycle sales saw a decline, with 200,039 units sold in April 2026 compared to 220,347 units in April 2025. In contrast, scooter sales surged by 24%, from 169,741 units in April 2025 to 211,158 units in April 2026.
The electric vehicle (EV) segment experienced significant growth, with sales increasing by 36% from 27,684 units in April 2025 to 37,771 units in April 2026. TVSM’s international business also saw a 3% increase in total sales, from 116,700 units in April 2025 to 120,008 units in April 2026, with two-wheeler sales accounting for 106,788 units compared to 106,503 units in the previous year.
The three-wheeler segment registered a remarkable 37% growth, with sales rising from 13,566 units in April 2025 to 18,637 units in April 2026.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).