Shares of TVS Motor Company rose 2% in morning trade following the announcement of strong sales figures for April 2025. As of 9:19 AM, the shares were trading 1.57% higher at Rs 2,713.90.
The company reported a 16% year-on-year increase in total sales, with units sold rising to 443,896 compared to 383,615 in April 2024. The robust performance across key segments, including motorcycles, scooters, electric vehicles, and exports, contributed to the stock’s upward momentum.
TVS Motor’s two-wheeler business witnessed a 15% rise in sales, reaching 430,330 units in April 2025 from 374,592 units a year earlier. The domestic two-wheeler market showed a modest yet steady 7% growth, with sales increasing to 323,647 units from 301,449. Among sub-segments, the motorcycle category stood out with a 17% surge in sales, totaling 220,527 units, up from 188,110 in April 2024. Scooter sales also performed well, growing by 18% to 169,741 units from the previous year’s 144,126 units.
One of the most notable highlights was the performance of the company’s electric vehicle segment, which posted a significant 59% year-on-year growth. Sales of EVs rose to 27,684 units in April 2025, compared to 17,403 in the same month last year. This sharp increase reflects the rising demand for electric mobility and TVS Motor’s expanding footprint in the EV space.
The international business of TVS Motor also delivered strong results. Exports rose by 45%, with total overseas shipments reaching 116,880 units, up from 80,508 in April 2024. Two-wheeler exports saw a 46% jump, with sales climbing to 106,683 units, indicating healthy demand in global markets.
TVS Motor’s three-wheeler segment contributed to the growth story as well, recording a 50% increase in sales. The company sold 13,566 three-wheelers in April 2025, compared to 9,023 units a year earlier.
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