Shares of TVS Motor Company Ltd slipped as much as 1.6 per cent in Wednesday’s trade to hit the day’s low of Rs 3,497.80 on the BSE, compared with the previous close of Rs 3,555, after the two-wheeler major reported operational performance for the September quarter (Q2FY26). With this, the stock has declined 3.8 per cent in two sessions. Advertisement

The Chennai-based automaker posted a 29 per cent year-on-year (YoY) rise in revenue to Rs 11,910 crore, while EBITDA surged 39.7 per cent to Rs 1,510 crore. The EBITDA margin expanded 100 basis points YoY to 12.7 per cent, driven by a favourable product mix, operating leverage, and cost-optimisation measures.

However, profit after tax (PAT) came in slightly below Street expectations at Rs 910 crore, despite a 36.7 per cent YoY growth. Brok

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