Tata Motors Ltd

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

Tata Motors announced that Q3FY25 sales in the domestic & international markets stood at 1,15,577 units, compared to 95,770 units during Q3FY25, recording a growth of 21%. December 2025 sales in the domestic & international markets stood at 42,508 units, compared to 33,875 units during December 2024, recording a growth of 25%. Girish Wagh, MD & CEO, Tata Motors, 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.'Powered by Capital Market - Live

Tata Motors announced that total sales for November 2025 stood at 35,539 units, compared to 27,636 units during November 2024, up 29% YoY. Total sales include domestic sales of 32,753 units (up 25% YoY) and international business of 2,786 units (up 92% YoY).  Powered by Capital Market - Live

The reported profits adversely impacted by mark-to-market losses on account of recently listed investments in Tata Capital (around Rs 2,000 crore). Total revenue from operations increased 5.99% YoY Rs 18,585 crore in Q2 FY26. EBITDA margin (including impact of acquisition related due diligence spends) improved 140 bps to 14.02%, while EBIT margin expanded 170 bps to 8.8% during the quarter. As of September 30, 2025, the company was net cash positive at Rs 1,200 crore (Including TMF Holdings gross debt less market value of TMF Holdings investments in Tata Capital). The Commercial Vehicles (CV) segment delivered strong Q2 FY26 results driven by a 12% YoY increase in volumes and continued focus on profitable growth. In Q2 FY26, revenue increased 6.6% YoY to Rs 18,370 crore. EBITDA margins improved to 12.2% (up 150 bps) and EBIT margin stood at 9.8% (up 200 bps), aided by higher volumes and favorable realizations. CV wholesales stood at 96,800 units (up 12%). Domestic volumes were up by 9% YoY, exports were up by 75%. Free cash Flow (FCF) for the quarter stood at Rs 2,200 crore. Looking ahead, the company expects a strong second half of FY26, supported by festive demand, improving consumption, and the unfolding benefits of GST reforms. Increased construction, infrastructure, and mining activity is expected to further boost demand for trucks and tippers. With a robust pipeline of upcoming launches, and a richer, more customer-aligned product portfolio, Tata Motors well-positioned to accelerate this momentum and drive meaningful, broad-based growth and market share improvement across all segments. The business will continue its focus on profitable growth to deliver double digit EBITDA margin and robust cash flows along with high ROCE. Girish Wagh, MD & CEO, Tata Motors said: 'Yesterday, November 12, 2025, marked a historic milestone for Tata Motors as we successfully listed on both the BSE and NSE following the demerger and today, I'm pleased to share that we've reported strong Q2 FY26 results. Our financial results underscore a resilient performance, driven by a sound and agile business strategy. After a subdued start, the rollout of GST 2.0 and the onset of the festive season catalyzed a surge in demand across segments. We recorded a 12% year-onyear volume growth, led by enhanced product availability, a refined pricing strategy, and intensified market activations.' On Wednesday, 12 November 2025, shares of Tata Motors' commercial vehicle business'officially listed as Tata Motors'made a strong debut following its demerger from the passenger vehicle division. Tata Motors, part of the Tata Group, is a global automobile manufacturer of utility vehicles, pickups, trucks, and buses. The counter declined 0.94% to Rs 317.25 on the BSE.Powered by Capital Market - Live

Tata Motors will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

The equity shares of Tata Motors (Scrip Code: 544569) are listed effective 12 November 2025 and admitted to dealings on the Exchange in the list of ''T'' Group Securities. At 09:28 IST, the pre-open indicative price of the stock was Rs 298.95. Powered by Capital Market - Live