TVS Motor Company has achieved a remarkable milestone by recording its highest ever quarterly sales during Q3FY26, demonstrating strong momentum across all business segments. The company's comprehensive growth strategy has yielded exceptional results, positioning it favorably in the competitive automotive market.

Record-Breaking Q3FY26 Performance

The company registered unprecedented quarterly sales of 15.44 lakh units in Q3FY26, marking an impressive 27% growth compared to the previous year. This achievement represents a significant milestone in the company's operational history, reflecting robust demand across its product portfolio.

December 2025 Monthly Sales Highlights

TVS Motor Company recorded monthly sales of 481,389 units in December 2025, representing a substantial 50% growth compared to 321,687 units in December 2024. This strong monthly performance contributed significantly to the record quarterly achievement.

Two-Wheeler Segment Performance

The two-wheeler segment demonstrated robust growth across all categories during December 2025:

Electric Vehicle and International Business Growth

The electric vehicle segment showed exceptional momentum with 77% growth, increasing from 20,171 units in December 2024 to 35,605 units in December 2025. This substantial growth reflects the increasing adoption of electric mobility solutions and the company's strong positioning in the EV market.

International business continued its expansion trajectory with total exports growing 40% from 104,393 units in December 2024 to 146,022 units in December 2025. Two-wheeler exports specifically contributed 35% growth, rising from 96,927 units to 130,709 units during the same period.

Three-Wheeler Segment Excellence

The three-wheeler segment delivered outstanding performance with 110% growth in December 2025, increasing from 9,685 units in December 2024 to 20,318 units. This exceptional growth demonstrates the company's successful penetration in the commercial vehicle segment and strong market acceptance of its three-wheeler offerings.

Company Overview

TVS Motor Company operates as a leading two and three-wheeler manufacturer globally, with four state-of-the-art manufacturing facilities in India and Indonesia. The company maintains a strong presence across 80 countries and holds the distinction of being the only two-wheeler company to win the prestigious Deming Prize. Its product portfolio has consistently led in respective categories in J.D.Power surveys, reinforcing its commitment to quality and customer satisfaction.

TVS Motor Company has officially signed a Memorandum of Understanding (MoU) with Manba Finance Limited on December 30, 2025, to strengthen financing solutions for commercial mobility customers. This strategic partnership aims to enhance vehicle affordability and improve access to structured financing for customers across India.

MoU Details and Scope

The comprehensive agreement enables Manba Finance Limited to provide monthly EMI-based financing solutions for the entire range of TVS Commercial Mobility vehicles. The partnership covers both passenger and cargo three-wheelers across internal combustion engine (ICE) and electric vehicle (EV) models.

Strategic Benefits and Market Impact

The collaboration is designed to strengthen TVS Commercial Mobility's ecosystem by offering competitive funding schemes, reduced turnaround time for loan processing, and deeper penetration into rural and semi-urban markets. For customers, the partnership enables higher purchasing power through attractive down payment options and reduced monthly outflows, supported by bundled financing offers that deliver greater savings and financial flexibility.

Leadership Perspectives

Mr. Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, emphasized the partnership's role in building a comprehensive commercial mobility ecosystem. He stated that the collaboration strengthens the company's ability to offer accessible and competitive financing solutions across their ICE and EV three-wheeler portfolio, aiming to support entrepreneurs and fleet operators in enhancing their earning potential and business scalability.

Mr. Manish Shah, Managing Director of Manba Finance Limited, highlighted the alignment with their commitment to supporting a cleaner and more sustainable mobility ecosystem. He noted that leveraging TVS Motor's deep industry expertise, strong distribution network, and trusted brand positions Manba Finance to build meaningful scale in the three-wheeler financing segment, expecting significant contribution to expansion and portfolio growth.

Company Background

TVS Motor Company operates as a reputed two and three-wheeler manufacturer globally with four state-of-the-art manufacturing facilities in India and Indonesia. The company has won the prestigious Deming Prize and operates across 80 countries worldwide. Manba Finance Limited, established in 1996, is a trusted NBFC offering various financing solutions including two-wheeler loans, three-wheeler and electric vehicle financing, with a customer-first and technology-led operating model.