TVS Motor to launch Norton premium bikes in India from Q2FY27, plans ₹3,000 cr capex
TVS Motor will roll out Norton-branded premium motorcycles, including Atlas and Atlas GT, in India and global markets from Q2FY27, manufactured primarily at Hosur. The company plans ₹3,000 cr FY27 capex and 1.5 mn units of new capacity, taking total to 8.3 mn. FY26 net profit rose 34% to ₹3,186 cr on 37% revenue growth.
What happened
TVS Motor will launch Norton premium motorcycles, including Atlas and Atlas GT, in India and globally from Q2FY27, manufacturing primarily at Hosur. Plans
Key facts
- Q2FY27 launch
- Q4 net profit ₹819 cr (+17%)
- Q4 revenue ₹15,053 cr (+34%)
- FY26 net profit ₹3,186 cr (+34%)
- FY26 revenue ₹56,069 cr (+37%)
- FY26 sales 58.9 lakh units (+24%)
- FY27 capex ₹3,000 cr
- 1.5 mn units new capacity
- 8.3 mn total capacity
- ₹12 interim dividend
Why this matters
Norton's India and global rollout signals TVS is monetizing its 2020 acquisition aggressively, raising the bar for rivals chasing the premium motorcycle segment via partnerships or M&A.