TVS Motor Co May Sales up 31%; Shares Recover After Initial Drop

Mumbai, Jun 1: TVS Motor Company on Monday reported 31 per cent growth in sales in May 2026 at 5,66,585 units. In the year-ago period the sales stood at 4,31,275 units, TVS Motor Company said in a statement.

The company claimed that last month, it recorded its highest ever monthly sales.
The two-wheeler sales registered 31 per cent growth at 5,43,111 units last month as against 4,16,166 units in May 2025.
Meanwhile, domestic two-wheelers registered 24 per cent growth from 3,09,287 units sold in May last year to 3,84,565 units in the month under review.
Motorcycle sales registered 30 per cent growth, increasing from 2,11,505 units in May last year to 2,73,802 units last month.
Scooter sales grew 32 per cent, from 166,749 units in May last year to 220,740 units in May 2026. Electric Vehicle sales registered a 56 per cent growth, from 27,976 units sold in May 2025 to 43,632 units last month.

Stock Market Snapshot

Trading activity reflected significant movement through the day, with the stock initially declining after the opening bell before staging a recovery.

The TVS Motor share price briefly surged above ₹3,400 during the session before giving up part of those gains. As of 2:11 PM IST, the stock was trading close to its previous closing level, indicating a balanced market response.

According to exchange data, TVS Motor commanded a market of approximately ₹1.61 lakh crore. The stock traded at a price-to-earnings ratio of 52.84.

The company’s 52-week high stood at ₹3,970.00, while the 52-week low was ₹2,655.10. The stock offered a dividend yield of 0.43%, with a quarterly dividend amount of ₹3.61.

“The company’s total International Business sales registered a growth of 49 per cent increasing from 1,18,437 units in May 2025 to 1,75,991 units in May 2026. Two-wheeler sales registered a growth of 48 per cent with sales increasing from 1,06,879 units in May 2025 to 158,546 units in May 2026. Three-wheeler registered a growth of 55 per cent with sales increasing from 15,109 units in May 2025 to 23,474 units in May 2026,” TVS Motor company stated.

(with inputs from PTI)