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TVS Sets FY26 Record at 5.9 Million as Bajaj March Sales Rise 20 Percent

Export strength signals firmer demand outside India.

Overview

  • Bajaj Auto, which reported Friday, said March sales rose 20 percent to 445,377 units across two- and three-wheelers.
  • For FY26, Bajaj posted 5,117,667 total units, up 10 percent, with exports climbing 21 percent to 2,250,183 units and outpacing home-market growth.
  • TVS Motor closed FY26 at a record 5.9 million dispatches, a 24 percent jump, after March volumes reached 519,358 units for roughly 25 percent year-on-year growth.
  • EV momentum accelerated at TVS as electric scooters reached 38,877 units in March, up 44 percent on demand for models like the iQube and Orbiter.
  • Growth was broad-based across segments and geographies, with TVS three-wheelers up 46 percent in March and Bajaj commercial vehicles up 20 percent, underscoring export-led gains into FY27.