TVS Motor Company logged 1.9 million units in total quarterly sales for the second quarter of FY27, driven by a 27% YoY increase in two-wheeler volumes to 1.8 million units.

The company also reported a 24% YoY rise in September monthly sales to 672,790 units, outperforming the market estimate of 652,000 units.

Electric vehicle segment drives growth

The two-wheeler electric vehicle (EV) segment was the primary driver of this expansion. For the quarter, TVS Motor recorded 186,000 units in EV sales, a 133% YoY jump. In September alone, EV sales stood at 65,799 units, marking a 110% YoY increase from 31,266 units in the corresponding period last year.

International and three-wheeler performance

International business sales grew significantly, registering a 35% YoY increase to 539,000 units for the quarter. In September specifically, international sales rose 48% to 180,700 units. The three-wheeler segment also saw robust growth, with quarterly sales expanding 47% to 78,475 units.

What the numbers show

While total volume grew by approximately one-quarter in September, the EV segment expanded more than twofold for the month and over threefold for the quarter. This divergence indicates that the electric portfolio is gaining traction at a significantly faster rate than the traditional internal combustion engine business. Furthermore, international sales growth of 35% for the quarter outpaced domestic momentum, highlighting a strong export-led component to the overall volume beat against analyst estimates.

TVS Motor Company expanded its premium motorcycle lineup on September 17, 2026, introducing new variants and technology upgrades across the TVS Apache and TVS Ronin models ahead of the festive season.

New additions to the premium range

The expansion covers two of TVS Motor's prominent motorcycle platforms. The TVS Apache series and the TVS Ronin have received new variants alongside technology upgrades, broadening the choice available to customers in the premium segment.

TVS Apache RTR Updates

The TVS Apache RTR portfolio saw enhancements across three key models. The TVS Apache RTR 160 now includes a Traction Control System, hazard lamps, and LED tail lamps, starting at ₹127,990 (ex-showroom Delhi). The TVS Apache RTR 160 4V introduces a TFT display with Google Map Mirroring, Panic Brake Alert, and a Type-C charger, priced from ₹141,440.

The TVS Apache RTR 200 4V builds on its performance credentials with Front Adjustable USD suspension, alongside the new TFT display features, starting at ₹149,990.

TVS Apache 310 Series

The flagship TVS Apache 310 series introduced “Black Diamond Editions” for both the RR 310 and RTR 310 models. These editions feature an exclusive all-black aesthetic and advanced technologies such as Race Tuned Dynamic Stability Control (RT-DSC), Cruise Control, Cornering ABS, and Launch Control.

The TVS Apache RR 310 Top variant (with Quickshifter) is priced at ₹287,790, while the TVS Apache RTR 310 Top variant starts at ₹248,990. Keyless Ride technology has also been extended to the RR 310.

TVS Ronin Enhancements

The TVS Ronin range received a new Base + variant featuring Dual Channel ABS and a new livery, starting at ₹142,490. Existing Mid and Top variants were upgraded with connected clusters, Type-C chargers, and Traction Control Systems.

Festive season timing

The launch is timed to coincide with the festive season, a period that traditionally sees heightened consumer demand in the Indian two-wheeler market. The introduction of new variants and tech upgrades across the Apache and Ronin platforms reflects TVS Motor's focus on the premium motorcycle segment during this period.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE494B01023/a148958c-bb71-4058-9c0c-0e9fb0d30980.pdf