Tata Motors reported a 12% increase in commercial vehicle sales and a 10% increase in passenger vehicle sales in Q2 FY26. Strong festive demand and the GST 2.0 rollout drove growth, particularly in the SCV and PU segments. Passenger vehicle EV sales jumped by 59%. The company anticipates a strong second half, fueled by improving consumption and infrastructure development.
Commercial Vehicle Sales Performance
In Q2 FY26, Tata Motors’ commercial vehicle sales reached 94,681 units, a 12% increase compared to 84,281 units in Q2 FY25. Domestic sales were up 9%, while international business (CV IB) saw a significant increase of 75%. The SCV Cargo and Pickup segment showed substantial growth, increasing by 30% in September and 11% for the entire quarter.
Passenger Vehicle Sales Highlights
Tata Motors’ passenger vehicle sales, including EVs, totaled 144,397 units in Q2 FY26, a 10% increase compared to 130,753 units in Q2 FY25. Domestic sales grew by 8%. Electric vehicle sales demonstrated strong growth, with a 59% increase in Q2 FY26, reaching nearly 25,000 units and contributing 17% to overall passenger vehicle sales.
Key Growth Drivers
The company attributed the sales increase to the positive impact of the GST 2.0 rollout, which spurred demand during the festive season. New product launches and enhanced product availability also played a key role in driving sales across various segments.
Strategic Demerger and Future Outlook
Effective October 1, 2025, Tata Motors has demerged its Commercial Vehicles business into TML Commercial Vehicles Limited (TMLCV). Both entities will independently report their sales and financial performance moving forward. The company anticipates continued growth in the second half of FY26, driven by infrastructure development and increased consumption.
Source: BSE
