BSECompany Update1 Oct 2026 · 1 Oct 2026, 01:38 pm
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith a Press Release titled, "Tata Motors Limited (formerly TML Commercial Vehicles Limited) Sales in Q2FY27.
Tata Motors Ltd · 544569
✦ AI Summary▲ PositiveResults
Tata Motors Ltd reported strong sales in Q2 FY27 with 1,35,114 units sold, a 42.7% YoY growth. Domestic sales of MH&ICV in September 2026 were 22,616 units vs 15,669 units in September 2025 (44.3% YoY). EV volumes saw 2.4X YoY growth in Q2 FY27.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Tata Motors Ltd - 544569 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
d8850138-6e2a-4d81-95aa-13c8e914bcae.pdf
View document text
BSE Limited National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Fort, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
October 1, 2026
Sc no.: 127
Dear Sir/Madam,
Sub: Press Release – Tata Motors Limited (formerly TML Commercial Vehicles Limited)
Sales in Q2 FY27
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing herewith a Press Release issued by Tata Motors Limited
(formerly TML Commercial Vehicles Limited) on the captioned subject, the content of which is
self-explanatory.
This is for information of the Exchanges and the Members.
Thanking you.
Yours faithfully,
Tata Motors Limited
(formerly TML Commercial Vehicles Limited)
Ranjan Kumar
General Counsel and Company Secretary
Encl: as above
Tata Motors Delivers Strong Sales with 1,35,114 Units in Q2 FY27; Sustains Robust 42.7%
YoY Growth
Mumbai, 1 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.”
About Tata Motors Ltd (Formerly TML Commercial Vehicles Ltd):
Part of the USD 180 billion Tata Group, Tata Motors Ltd., (BSE: Scrip code 544569; NSE: Scrip code TMCV) is India’s largest and a globally
renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. With over eight decades of leadership in commercial mobility,
the company is known for its innovation, reliability, and performance. Its advanced powertrains, connected technologies, and intelligent
fleet solutions support a wide range of applications—from last-mile delivery to public transport while seamlessly driving the wheels of
the nation’s economy. Guided by its brand promise Better Always, Tata Motors delivers future-ready solutions that enhance customer
experience and drive sustainable growth. The company operates in India and South Korea, with a global presence across Africa, the
Middle East, Latin America, Southeast Asia, and SAARC countries.
As per the Composite Scheme of Arrangement sanctioned by the Hon’ble National Company Law Tribunal, Mumbai Bench—amongst
Tata Motors Limited, TML Commercial Vehicles Limited (the Company) and Tata Motors Passenger Vehicles Limited—the Company’s
name was changed to Tata Motors Limited from TML Commercial Vehicles Limited (effective 29 October 2025), and its equity shares
are listed on the BSE Ltd and the NSE Ltd.
Media Contact Information: Tata Motors Corporate Communications: cvcomms@tatamotors.com | cv.tatamotors.com
–ENDS–