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TVS Motor declares ₹12 interim dividend after strong FY26 performance

TVS Motor declares ₹12 interim dividend after strong FY26 performance

TVS Motor Company reported strong financial and operational performance for FY2025-26, with revenue rising 30% to ₹47,270 crore and operating PBT increasing 40% to ₹4,975 crore.

The company also declared an interim dividend of ₹12 per equity share, involving a payout of ₹570 crore during the financial year.

Additionally, TVS Motor allotted four fully paid bonus Non-Convertible Redeemable Preference Shares (NCRPS) of ₹10 each for every equity share held, amounting to ₹1,900 crore.

The company recorded its highest-ever annual sales at 58.89 lakh units during FY26.

Electric vehicle sales rose 33% to 3.71 lakh units during the year, while scooter sales increased 27% and motorcycle sales rose 24%.

For Q4 FY26, TVS Motor posted record revenue of ₹12,808 crore with operating EBITDA margin improving to 13.1%.

The company said overall sales during the quarter grew 28%, supported by strong growth in EVs and three-wheelers.