TVS Motor Company reported total sales of 590,003 units in June 2026, a 47% increase from 402,001 units in June 2025. The company registered its highest ever quarterly sales of 16.31 lakh units during the first quarter of FY 2026-27, driven by robust demand across its two-wheeler and three-wheeler portfolios. This performance marks the highest monthly sales for the company at 5.90 lakh units.

Q1 FY27 Performance Highlights

The first quarter of FY 2026-27 saw the two-wheeler segment grow by 27% to 15.64 lakh units, compared to 12.32 lakh units in the same period last year. Three-wheelers registered a 48% growth, reaching 0.67 lakh units from 0.45 lakh units in Q1 FY 2025-26. International business grew by 33% to 4.68 lakh units, up from 3.52 lakh units in the prior year's first quarter.

June 2026 Sales Breakdown

Total two-wheeler sales rose 47% to 565,417 units in June 2026 from 385,698 units in June 2025. Domestic two-wheeler sales grew 46% to 411,014 units from 281,012 units. Within the two-wheeler category, motorcycles sales increased 42% to 267,096 units, while scooters surged 53% to 247,950 units.

Electric Vehicle and International Growth

Two-wheeler electric vehicles (EVs) recorded significant growth, with sales reaching 48,537 units in June 2026 compared to 14,400 units in June 2025. Total international business sales increased 47% to 172,355 units, with international two-wheeler sales growing 48% to 154,403 units. The company also noted its highest international sales at 4.68 lakh units and highest two-wheeler EV sales at 1.30 lakh units in Q1 FY27.

TVS Motor Company Limited has scheduled its 34th Annual General Meeting for July 22, 2026, via video conference to approve the standalone and consolidated audited financial statements for the year ended March 31, 2026. The meeting will also seek shareholder approval for the ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2027, and the re-appointment of a director retiring by rotation.

The Board of Directors has recommended the ratification of a remuneration of ₹ 8,00,000 plus applicable taxes and reimbursement of out-of-pocket expenses payable to M/s C S Adawadkar & Co, Practicing Cost Accountants. The firm was appointed as Cost Auditor for FY27 by the Board following the recommendation of the Audit Committee. This ratification is pursuant to Section 148 of the Companies Act, 2013, and the Companies (Audit and Auditors) Rules, 2014.

Shareholders will also consider the re-appointment of Mr Sudarshan Venu, Director, who retires by rotation at this meeting. Mr Sudarshan Venu, holding DIN 03601690, is eligible for re-appointment. He has been associated with the company since February 1, 2013, and possesses over a decade of experience in the automotive sector.

Business to be Transacted

The AGM will transact the following ordinary and special businesses:

Meeting and Voting Details

The AGM will be held on Wednesday, July 22, 2026, at 11.00 AM IST through Video Conference (VC) or Other Audio Visual Means (OAVM). Physical attendance of members is not required at a common venue. The facility to appoint a proxy is not available for this meeting, though body corporates may appoint authorised representatives.

The remote e-voting period commences on July 19, 2026, at 9:00 AM IST and concludes on July 21, 2026, at 5:00 PM IST. Members holding shares as on the cut-off date of July 16, 2026, are entitled to participate in the remote e-voting process or vote during the meeting. The voting facility is being provided by National Securities Depository Limited (NSDL).