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TVS Motor Reports 15.71% YoY Growth in April 2025, Powered by Strong 2W & Export Performance
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Updated on:05-May-2025 06:22 AM
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TVS Motor kicks off FY2025 with total sales of 4.43 lakh units in April 2025, marking a 15.71% YoY and 7.04% MoM growth, led by motorcycles, scooters, and electric iQube sales.
TVS Motor Company, one of India’s most prominent two- and three-wheeler manufacturers, has released its sales performance for April 2025. With a portfolio spanning motorcycles like the Apache and Raider; scooters such as the Jupiter and Ntorq; electric vehicles like the iQube; mopeds; and a strong 3W lineup, TVS has kicked off FY2025 on a high note. The company reported total sales of 4,43,896 units, registering a 15.71% YoY and 7.04% MoM growth.
The Overall Sales of 2025
Category | April 2025 | April 2024 | March 2025 | YoY Growth (%) | MoM Growth (%) | YoY Volume Gain | MoM Volume Gain |
Total Sales (2W+3W) | 4,43,896 | 3,83,615 | 4,14,687 | 15.71% | 7.04% | 60,281 | 29,209 |
Domestic Sales | 3,27,016 | 3,03,107 | 3,01,223 | 7.89% | 8.56% | 23,909 | 25,793 |
Exports | 1,16,880 | 80,508 | 1,13,464 | 45.18% | 3.01% | 36,372 | 3,416 |
Domestic sales contributed 73.67% to total volumes, while exports accounted for 26.33%.
TVS's Two-Wheeler Sales Performance
Category | April 2025 | April 2024 | March 2025 | YoY Growth (%) | MoM Growth (%) | YoY Volume Gain | MoM Volume Gain |
Total 2W Sales | 4,30,330 | 3,74,592 | 4,00,120 | 14.88% | 7.55% | 55,738 | 30,210 |
Domestic 2W Sales | 3,23,647 | 3,01594 | 2,97,854 | 7.36% | 8.74% | 22,053 | 25,793 |
Export 2W Sales | 1,06,683 | 73,998 | 1,02,266 | 45.86% | 4.08% | 32,685 | 4,417 |
Domestic 2W share: 75.21%, Exports: 24.79%
TVS's Two-Wheelers Segment-wise Breakdown
Segment | April 2025 | April 2024 | March 2025 | YoY Growth (%) | MoM Growth (%) | Market Share (2W) |
Motorcycles | 2,20,527 | 1,88,110 | 1,96,734 | 17.23% | 12.09% | 51.25% |
Scooters | 1,69,741 | 1,44,126 | 1,66,297 | 17.77% | 2.07% | 39.44% |
iQube EVs | 27,684 | 17,406 | 26,927 | 59.08% | 2.78% | 6.43% |
Mopeds (XL) | 40,062 | 42,338 | 36,856 | -5.42% | 8.70% | 9.31% |
Motorcycles lead the pack, followed by scooters. Electric scooters showed impressive growth, though mopeds declined YoY.
Three-Wheeler (3W) Sales Performance
TVS’s three-wheeler division also showed annual gains, despite a slight monthly dip.
Category | April 2025 | April 2024 | March 2025 | YoY Growth (%) | MoM Growth (%) | Market Share (3W) |
Total 3W Sales | 13,566 | 9,023 | 14,567 | 50.35% | -6.87% | 3.05% of total |
Domestic | 3,369 | – | – | – | – | 24.83% |
Exports | 10,197 | – | – | – | – | 75.17% |
Conclusion
TVS Motor has begun FY2025 with solid momentum, driven by growth across both conventional and electric two-wheeler segments and bolstered by an export surge in both 2W and 3W categories. As the competition heats up, TVS’s portfolio and expanding global footprint continue to play a pivotal role in sustaining its upward trajectory.
Also Read: Car Sales Report for April 2025: Maruti Suzuki, Mahindra, & Toyota Grow, Tata Faces Decline
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