Tata Motors Ltd

Tata Motors announced that commercial vehicle sales stood at 1,32,465 units in Q4 FY 2026 compared to 1,05,465 units in Q4 FY2025, recording a growth of 25%. This includes domestic sales of 1,25,562 units (up 26% YoY) and international business of 6,903 units (up 17% YoY).

Tata Motors achieved total commercial vehicle sales of 47,976 units in month of March 2026 compared to 41,122 units in March 2025, recording a growth of 17%. Total sales include domestic sales of 45,825 units (up 18% YoY) and international business of 2,151 units (down 4% YoY).  

Sales of heavy commercial vehicle (HCV) trucks climbed 14% YoY to 14,614 units in March 2026, while intermediate, light, and medium commercial vehicle (ILMCV) truck sales surged 16% YoY to 8,337 units. Passenger carrier sales rose 31% to 7,983 units, while SCV cargo and pickup sales jumped 17% to 14,891 units during March 2026 over the year-ago period. Total domestic CV sales increased 18% YoY to 45,825 units in March 2026. For Q4 FY26, the company's total sales rose 25% to 132,465 units, compared with 105,643 units in Q4 FY25. Girish Wagh, MD & CEO, Tata Motors, said, 'FY26 saw a subdued first half for the commercial vehicle industry, followed by a decisive recovery in H2 as demand conditions improved with the rollout of GST 2.0 and gained momentum through Q3 and Q4. In Q4 FY26, Tata Motors Commercial Vehicles registered sales volumes of 125,562 units, the highest since Q4 FY21, and representing a 25% year-on-year (YoY) growth, reflecting improving freight activity and renewed customer confidence. For the full year (FY26), sales volumes grew by 14% from 376,903 to 428,329 YoY, showcasing broad-based growth across product lines, customer segments, and markets. During the year, we expanded our portfolio with the launch of new products, including Ace Pro and Winger 9S; upgraded our entire truck range to meet European safety norms (ECE R.029 03); and introduced the new Azura range, strengthening our competitiveness and deepening our presence across key segments. In March, the monthly double-digit YoY sales growth saw some moderation amid the ongoing conflict in West Asia and its impact on select sectors of the economy. We have intensified efforts to support customers by ensuring smooth and uninterrupted logistics operations as they address emerging operating challenges. Looking ahead, we remain agile, closely tracking geopolitical developments and the evolving macro environment. Diesel prices remain a key monitorable given their impact on the total cost of ownership. In parallel, we are actively assessing the risk landscape and have put in place appropriate mitigation measures to strengthen resilience and manage production continuity. With a refreshed and comprehensive product portfolio, supported by smart digital solutions, Tata Motors Commercial Vehicles is well positioned to capture emerging opportunities. We continue to execute with discipline, maintaining a sharp focus on customer-centric solutions and delivering sustained value through our products and mobility solutions. Tata Motors (formerly TML Commercial Vehicles) is India's largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications'from last-mile delivery to public transport.

The company said that prices will be increase by up to 1.5% in order to partially offset the impact of rising commodity prices and other input costs. The increase will vary depending on the model and variant. Tata Motors Passenger Vehicles, part of the $180 billion Tata Group, is one of India's leading automobile manufacturers, offering a diverse portfolio of cars and SUVs renowned for their design, safety, and performance. The company had reported consolidated net loss of Rs 3,486 crore in Q3 FY26 compared with net profit of Rs 5,406 crore in Q3 FY25. Revenue from operations fell 25.81% YoY to Rs 69,605 crore during the quarter.Powered by Capital Market - Live

 Tata Motors today announced a price increase of up to 1.5% across its commercial vehicle range, effective 1 April 2026. The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs. The increase will vary depending on the model and variant.Powered by Capital Market - Live

Tata Motors has been entrusted with cumulative orders of more than 5,000 buses and bus chassis from multiple State Transport Undertakings (STUs) across the country. The company has secured a significant share of these nationwide orders, reaffirming its position as India's most preferred partner in mass-mobility solutions. Each tender was awarded through a competitive e-bidding process under the Government's procurement system, with deployments scheduled in phases, as agreed with the respective STUs. For decades, Tata Motors has been at the heart of India's public transport journey'connecting people, enabling livelihoods and strengthening regional mobility. These new orders, secured from MSRTC (Maharashtra State Road Transport Corporation), GSRTC (Gujarat State Road Transport Corporation), NWKRTC (North Western Karnataka Road Transport Corporation), TGSRTC (Telangana State Road Transport Corporation), BSRTC (Bihar State Road Transport Corporation), RSRTC (Rajasthan State Road Transport Corporation), KSRTC (Kerala State Road Transport Corporation), Department of Road Transport (Haryana Roadways) and CTU (Chandigarh Transport Undertaking), highlight the company's pivotal role in powering the next chapter of India's mass mobility transformation. The cumulative orders spans a wide range of Tata Motors' passenger mobility solutions including Tata Magna, Tata Cityride, Tata Starbus, Tata Starbus Prime, Tata LPO 1618, LPO 1622 and LPO 1822 variants. These buses and bus chassis are configured for intercity, long-haul and intracity operations. They are designed to deliver reliable performance, passenger comfort and efficient operating economics across varied duty cycles.Powered by Capital Market - Live

Tata Motors sales in the domestic & international markets for January 2026 stood at 41,549 units, compared to 31,988 units during January 2025, up 29.9% YoY. Domestic sales stood at 38,844 units (up 29.1% YoY) and international business at 2,705 units (up 42% YoY). Powered by Capital Market - Live

On a consolidated basis, net profit declined 48% YoY to Rs 705 crore in Q3 FY26 from Rs 1,355 crore a year ago. Sequentially, it returned to profit from a loss of Rs 867 crore in Q2 FY26. Revenue rose 16.2% YoY to Rs 21,732 crore in Q3 FY26 from Rs 18,697 crore in Q3 FY25. On a sequential basis, revenue increased 17.5% QoQ from Rs 18,491 crore. Profit before tax fell 39.6% YoY to Rs 925 crore compared with Rs 1,531 crore in the year-ago quarter. Sequentially, PBT improved sharply from a loss of Rs 561 crore in Q2 FY26. On the cost front, total expenditure increased 22.6% YoY to Rs 20,607 crore. Raw material consumption climbed 20.0% YoY to Rs 12,531 crore. Employee expenses edged up 3.9% YoY to Rs 1,450 crore. Interest costs declined 43.8% YoY to Rs 198 crore, while depreciation fell 13.3% YoY to Rs 483 crore. Earnings during the quarter were impacted by exceptional losses of Rs 1,643 crore, linked to the implementation of the new labour code, demerger-related expenses and acquisition costs. Operationally, CV wholesales stood at 116.8 thousand units, up 20% YoY. Domestic volumes rose 18% YoY, while export volumes surged 70% YoY. The company's domestic CV VAHAN market share improved by 100 bps sequentially to 35.5% in Q3 FY26. Industry-wise, management expects demand to strengthen further in Q4 FY26, aided by the government's sustained infrastructure push and improving activity across end-use sectors. With an optimised product portfolio, pricing discipline and deeper customer engagement, Tata Motors expects to remain well positioned to capture incremental CV demand. Girish Wagh, MD & CEO, Tata Motors said: Disciplined execution of an agile strategy delivered yet another strong financial performance this quarter, supported by demand tailwinds from GST 2.0 and the festive season. Our recent launch of 17 next-generation trucks under the 'Better Always' philosophy sets new benchmarks in safety, total cost of ownership, and smarter, emission-free mobility, reinforcing our commitment to innovation and industry leadership. With infrastructure spending accelerating, we are well positioned to sustain momentum and drive continued growth. GV Ramanan, CFO, Tata Motors said: We delivered another strong quarter, translating robust operational execution and healthy demand across key segments into meaningful financial outcomes. The quarter marked significant milestones, including our 10th consecutive quarter of double-digit EBITDA margins and achievement of double-digit EBIT margins. This strong operating performance coupled with disciplined working capital management, led to robust free cash flow generation. With this trajectory, we remain confident of delivering on our stated financial guidance. Tata Motors is India's largest commercial vehicles (CV) manufacturer with the widest product and service portfolio across cargo and public transportation segments. Powered by Capital Market - Live

Tata Motors will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

Sales of heavy commercial vehicle (HCV) trucks climbed 31% YoY to 12,483 units in December 2025, while intermediate, light and medium commercial vehicle (ILMCV) truck sales surged 40% YoY to 7,959 units. Passenger carrier sales rose 1% to 4,167 units, while SCV cargo and pickup sales jumped 19% to 15,448 units during December 2025 over the year-ago period. Total domestic CV sales increased 24% YoY to 40,057 units in December 2025. For Q3 FY26, the company's total sales rose 21% to 1,15,577 units, compared with 95,770 units in Q3 FY25. Girish Wagh, MD & CEO, Tata Motors Ltd., said, 'The sales momentum ignited by GST 2.0 and the festive surge in Q2FY26 continued into Q3FY26, driving growth and lifting overall sentiment of the commercial vehicles industry. Tata Motors registered double-digit sales growth in Q3FY26, powered by a strong rebound in construction and mining activity post the extended monsoon, along with sustained demand from core sectors and auto logistics. Continued strength in SCVs and Pickups further amplified performance, resulting in wholesales of 1,15,577 units, with 21% year-on-year growth over Q3FY25 and 22% sequential growth over Q2FY26. Going forward, we expect demand to strengthen in Q4FY26 across most commercial vehicle segments. Key drivers in 2026 will include the government's sustained infrastructure push and expansion in end-use sectors, both of which are expected to fuel positive momentum for the industry. With an optimised portfolio ensuring superior product availability, a decisive pricing strategy, and deeper customer engagement through intensified market activations, Tata Motors is well-poised to unlock demand across segments, paving the way for continued success.' Tata Motors (formerly TML Commercial Vehicles) is India's largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications'from last-mile delivery to public transport.Powered by Capital Market - Live