MUMBAI | 01st OCTOBER 2026 | Q2 FY27 sales in the domestic & international markets stood at 1,35,114 units, compared to 94,681 units during Q2 FY26. September 2026 sales in the domestic & international markets stood at 51,062 units, compared to 35,862 units during September 2025.
|
Category |
September ’26 | September ’25 | % Change | Q2 FY27 | Q2 FY26 | % Change |
| HCV Trucks | 14,171 | 9,870 | 43.6% | 33,756 | 24,056 |
40.3% |
|
ILMCV Trucks |
7,990 | 6,066 | 31.7% | 20,949 | 16,845 | 24.4% |
| Passenger Carriers | 4,816 | 3,102 | 55.3% | 15,455 | 11,428 |
35.2% |
|
SCV cargo and pickup |
16,510 | 14,110 | 17.0% | 43,822 | 34,732 | 26.2% |
| Total CV Domestic | 43,487 | 33,148 | 31.2% | 1,13,982 | 87,061 |
30.9% |
|
International Business |
7,575 | 2,714 | 179.1% | 21,132 | 7,620 | 177.3% |
| Total CV | 51,062 | 35,862 | 42.4% | 1,35,114 | 94,681 |
42.7% |
- Domestic sales of MH&ICV in September 2026, was 22,616 units vs 15,669 units in September 2025 (44.3% YoY); In Q2 FY27 it was 55,582 units, compared to 41,461 units in Q2 FY26 (34.1% YoY).
- Domestic & International sales for MH&ICV in September 2026, was 23,910 units vs 16,759 units in September 2025 (42.7 % YoY); while in Q2 FY27 it stood at 59,194 units, vs 45,095 units in Q2 FY26 (31.3% YoY).
- EV volumes saw 2.4X YoY growth in Q2 FY27
Mr. Girish Wagh, MD & CEO, Tata Motors Ltd., said, “We are encouraged by the strong, broad-based momentum built across our businesses in the past 12 months as an independent commercial vehicle company, reflecting the strength of our portfolio, technology-led innovation and deep customer understanding.
In Q2 FY27, sales grew to 1,35,114 units, a strong 42.7% growth, taking H1 FY27 volumes to 2,43,602 units, up 35.1% year-on-year. Importantly, the growth registered during the quarter was broad-based, reflecting healthy demand across the economy. HCVs benefited from continued activity in core sectors, sustained infrastructure, construction and mining activity; ILMCVs from e-commerce and FMCG, FMCD, and two-wheeler logistics; and SCVPU from consumption-led freight movements. Passenger transportation also maintained momentum, supported by last-mile mobility, government orders and growing intercity travel. Overall fleet utilisation levels were stable, indicating healthy underlying freight activity.
Looking ahead, commodity costs remain a significant concern, while diesel prices, potential interest rate hikes and global uncertainties remain key monitorables. While the high H2 base could moderate growth rates, industry fundamentals remain supportive. Sustained government capital expenditure, a post-monsoon pickup in mining and construction activity, rising e-commerce volumes and the festive season are expected to support freight and transportation demand. Through this, we remain confident in our ability to drive sustainable growth through innovation, customer value and disciplined execution.”
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