**TVS Motor Surpasses Hero Motocorp in FY25 Growth**
TVS Motor Company has outperformed market leader Hero Motocorp Ltd in growth during the fiscal year 2025, achieving significant milestones. As the company prepares to announce its results for the January to March quarter, analysts are optimistic about its future prospects.
Under the leadership of K.N. Radhakrishnan, TVS Motor recorded its highest-ever sales of 4.7 million units, maintaining a balanced portfolio of traditional fuel and electric vehicles. The Hosur-based manufacturer achieved a remarkable 12% increase in two-wheeler sales, compared to Hero Motocorp’s 5% growth. In the electric vehicle segment, TVS also challenged Ola Electric Mobility Ltd, which saw only a 4.5% growth, while TVS’s EV sales surged nearly 30%, surpassing 200,000 units.
Despite facing challenges in the previous fiscal year, where domestic motorcycle sales dipped by 2% against a 5% market growth, analysts remain confident in TVS’s potential. Kotak Institutional Equities predicts that TVS’s market share in the motorcycle segment will stabilize, with an overall increase expected to 18.3% by FY2027, up from 17.1% in FY2024.
As TVS prepares to release its quarterly results, expectations are high. Analysts forecast a revenue growth of approximately 13% for the last quarter of FY25, following a 24% increase in Q4FY24. This growth is attributed to a surge in volumes, with total scooter sales in India surpassing pre-pandemic levels for the first time. Axis Securities anticipates a 15% year-on-year revenue increase, driven by higher domestic sales and a favorable vehicle mix.
In the January-March period, TVS reported a 14% rise in two-wheeler sales, with units sold increasing from 10.32 lakh to 11.80 lakh compared to the same quarter last year.
**FAQ**
*What factors contributed to TVS Motor’s growth in FY25?*
TVS Motor’s growth in FY25 can be attributed to a strong balance of traditional and electric vehicle sales, a significant increase in two-wheeler sales, and a favorable domestic vehicle mix.
