TVS Motor Company showcased robust sales growth in September 2025, reporting total sales of 541,064 units, a 12% year-on-year (YoY) increase. Strong performance across two-wheelers, electric vehicles (EVs), and three-wheelers reflects the company’s broad product portfolio and market adaptability. The results, driven by strong domestic demand and steady export growth, underscore TVS Motor’s trusted brand presence and commitment to innovation and sustainable mobility.
Table of Contents
- A Snapshot of TVS Motor's September 2025 Sales
- Segment-wise Breakdown and Analysis
- Conclusion: A Story of Diversified Growth
- Frequently Asked Questions (FAQs)
TVS Motor's sales performance in September 2025 was marked by broad-based growth across all its key segments.
| Segment |
Sep 2025 Sales |
YoY Change |
| Total Sales |
541,064 |
+12% |
| Two-Wheelers |
523,923 |
+11% |
| - Domestic 2W |
413,279 |
+12% |
| - Motorcycles |
249,621 |
+9% |
| - Scooters |
218,928 |
+17% |
| Electric Vehicles (EV) |
31,266 |
+8% |
| Three-Wheelers |
17,141 |
+60% |
| Total Exports |
122,108 |
+10% |
Two-Wheelers: The Core Growth Engine
The two-wheeler segment, the company's largest contributor, delivered 523,923 units, up 11% from September 2024.
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Domestic Dominance: Domestic two-wheeler sales grew by a strong 12%, driven by rising urban and semi-urban demand and the onset of the festive season. The recent reduction in GST rates on two-wheelers below 350cc also provided a boost.
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Scooters Lead the Charge: The scooter sub-segment, led by popular models like the Jupiter and Ntorq, was the fastest-growing, with a 17% YoY increase.
-
Steady Motorcycle Demand: The motorcycle segment, including the popular Apache and Raider series, registered a solid 9% growth.
Electric Vehicles (EVs): Steady Momentum Despite Constraints
EV sales, primarily the TVS iQube, rose to 31,266 units, an 8% YoY growth. While this growth is steady, the company noted that production continues to be limited by short-term constraints in the availability of magnets, a key component in EV motors. Despite these challenges, TVS has managed to maintain its leadership position in the EV two-wheeler market for the month.
Three-Wheelers: A Remarkable Surge
The three-wheeler segment was the standout performer, with sales surging by an incredible 60% YoY to 17,141 units. This remarkable growth was fueled by a strong post-pandemic recovery in demand for commercial mobility solutions, both for passenger transport and intra-city logistics.
Exports: A Consistent Contributor
Total exports grew by 10% YoY to 122,108 units, reinforcing TVS Motor’s strong global presence in over 80 countries. The consistent export performance helps de-risk the company from domestic market volatility and provides a diversified revenue stream.
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September 2025 was a month of strong, all-round performance for TVS Motor Company. The results highlight the success of its diversified business model, with two-wheelers providing a solid foundation, three-wheelers delivering explosive growth, and the EV segment showing steady progress despite supply challenges. The robust growth in both domestic and export markets positions the company well for the upcoming quarters, especially with the festive season now in full swing.
Q1: How did TVS Motor perform overall in September 2025?
A1: TVS Motor reported a strong 12% year-over-year growth in total sales, reaching 541,064 units. This reflects robust performance across all its major segments.
Q2: Which segments were the top performers for TVS Motor?
A2: The three-wheeler segment was the fastest-growing, with an incredible 60% YoY surge. In the two-wheeler category, scooters led the charge with 17% growth.
Q3: How did TVS Motor's electric vehicle (EV) segment perform?
A3: The EV segment saw an 8% YoY growth, with sales of 31,266 units. The company noted that growth was constrained by a shortage of magnets, a key raw material.
Q4: How significant are exports for TVS Motor?
A4: Exports are a key part of TVS Motor's business, and they grew by 10% YoY to 122,108 units in September. This strong international demand helps diversify the company's revenue and reduce its dependence on the domestic market.
Q5: What do the September sales figures indicate about TVS Motor’s strategy?
A5: The results highlight the success of TVS Motor's resilient and diversified business model. The company has demonstrated its ability to drive growth across conventional (motorcycles and scooters), electric, and commercial (three-wheelers) mobility segments, reinforcing its market leadership.