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TVS Motor Company hosted a conference call on Oct 28, 2025. In the conference call, the company was represented by: Mr K N Radhakrishnan – Director and Chief Executive Officer, and Mr K Gopala Desikan – Chief Financial Officer.

Key takeaways of the call

The company registered its highest quarterly sales in Q2 FY26. EBITDA margin improved on a YoY basis driven by cost reduction initiatives.

In Q2 FY26, the overall two-wheeler and three-wheeler sales including international business grew by 23% YoY registering sales of 15.07 Lakh units as against 12.28 Lakh units in the quarter ended September 2024.

Motorcycle sales grew by 20% registering 6.73 Lakh units in the quarter ended September 2025 as against 5.61 Lakh units in the quarter ended September 2024. Scooter sales for the quarter ended September 2025 grew by 30% registering 6.39 Lakh units as against the sales of 4.90...

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