TVS September 2026 Sales Report Record Domestic And Export Growth

TVS has published its sales performance report for September 2026, registering positive momentum across both domestic and international markets. Total domestic two-wheeler dispatches rose by 16.65 percent to 4,82,073 units, improving from 4,13,279 units recorded in September 2025 and marking an addition of 68,794 units. Overseas shipments expanded by 29.74 percent, moving from 1,20,776 units to 1,56,691 units to gain 35,915 units.

Domestic Lineup Performance and Model Breakup

The Jupiter retained its position as the manufacturer's top-selling domestic model, accounting for 32.10 percent of the brand's total local two-wheeler volume. The scooter registered 1,54,725 units, which is an 8.87 percent improvement over 1,42,116 units. The Apache secured second place with 61,148 units, displaying a 14.67 percent increase, while the XL followed closely with 55,517 units, up by 3.29 percent.

The iQube saw a significant increase of 47.05 percent, reaching 45,320 units compared to 30,820 units from the prior year, generating the largest absolute volume increase among models with an existing previous-year baseline. In contrast, Raider sales decreased by 13.34 percent to 36,183 units. The Ntorq 125 grew by 6.06 percent to 35,262 units, and the Radeon registered 29.63 percent growth at 21,356 units. Meanwhile, Sport dispatches fell by 2.97 percent to 18,899 units.

Newer additions including the Orbiter and Ntorq 150 contributed 17,027 units and 12,693 units respectively, having recorded no volumes in the comparison period. The Zest grew by 49.44 percent to 12,088 units, and the Ronin increased by 44.25 percent to 10,793 units. The combined Apache RTX / 310 category remained steady at 1,062 units, whereas the Star City registered zero domestic sales against 5,684 units from the previous September.

Sequential Growth Over August 2026

When measured against August 2026, local dispatches improved by 48,277 units, translating to an 11.13 percent sequential expansion. The Jupiter grew by 4.93 percent, the Apache went up by 10.93 percent, and the XL rose by 20.86 percent. The XL generated the highest monthly volume addition at 9,581 units. Sport and Radeon demonstrated robust month-on-month surges of 62.71 percent and 51.74 percent respectively. Ntorq 125 expanded by 24.61 percent and Orbiter grew by 16.30 percent, whereas Raider, Ronin, and the Apache RTX / 310 category contracted by 2.21 percent, 7.59 percent, and 44.83 percent respectively.

Overseas Shipments and Export Performance

International shipments were heavily driven by the Star City 125, which led export volumes with 79,912 units, up 41.37 percent from 56,527 units and single-handedly representing 51 percent of all overseas dispatches. The Star City followed with 30,976 units, surging 75.38 percent. Combined, these two models accounted for 70.77 percent of the firm's total exports.

Market Position and Outlook

The strong performance across key domestic pillars like the Jupiter and Apache, combined with a sharp surge in electric scooter uptake via the iQube, highlights steady consumer demand. The solid export numbers, spearheaded by the Star City series and expanding Apache shipments, further emphasize the manufacturer's growing international footprint across diverse global markets.