TVS Motor Aug. exports 135,367 units, +35% y/y

TVS Motor Aug. exports 135,367 units, +35% y/y

TVS Motor Company Ltd. reported robust exports for the month of August, with a total of 135,367 units shipped, representing a 35% year-over-year (YoY) increase. This significant growth in exports underscores the company's expanding global footprint and strong demand for its products, particularly in the electric vehicle (EV) segment.

The company's exports were driven by strong sales of its electric scooters, notably the TVS iQube, which has gained significant traction in international markets. The iQube, with its 123 km range and advanced features, has been well-received, contributing to the overall export growth. Additionally, the company's launch of the TVS King Kargo HD EV, an electric cargo three-wheeler, has further bolstered its position in the EV logistics segment [1].

The export performance is particularly noteworthy given the recent challenges faced by the company due to supply constraints of rare earth magnets, a crucial component for EV manufacturing. However, TVS Motor has been actively managing this issue and is working towards a long-term solution to ensure uninterrupted production and delivery [2].

The strong export figures come on the heels of the company's impressive financial performance. In July 2025, TVS Motor reported a 29% YoY growth in total sales, led by robust demand for scooters and exports. The company's Q1 FY26 results also showed a significant improvement, with a 35% YoY increase in net profit and an 18% rise in revenue [3].

Looking ahead, TVS Motor is expected to continue its growth trajectory, driven by its innovative product portfolio and strategic expansion into new markets. The company's commitment to research and development, as evident in the launch of new models and features, positions it well for future growth opportunities.

References:
[1] https://stockanalysis.com/quote/nse/TVSMOTOR/
[2] https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-ril-indigo-icici-bank-tvs-motor-infosys/articleshow/123567833.cms