Tata Motors Commercial Vehicles Reports Strong FY26: Annual Sales Reach 4.28 Lakh Units

Tata Motors Limited has announced a robust performance for its commercial vehicle (CV) segment for the financial year ending March 31, 2026. The company's total CV sales (Domestic + International) for the full fiscal year reached 4,28,329 units, marking a 14% growth compared to the 3,76,903 units sold in FY25.

The fourth quarter (Q4 FY26) was a major highlight, with sales surging by 25% to reach 1,32,465 units. This growth was largely driven by a strong rebound in the domestic market, particularly in the HCV Trucks and ILMCV Trucks segments, which saw quarterly growth rates of 29% and 27% respectively. The Passenger Carrier segment also showed exceptional momentum in March 2026, with a 31% year-on-year jump.

Furthermore, Tata Motors' commitment to sustainable mobility yielded significant results, with Electric Vehicle (EV) volumes growing by 59% during FY26. While international business faced a slight 4% dip in March, the annual export performance remained strong with a 54% growth, totaling over 28,000 units. These figures reflect the company's successful multi-segment strategy and the general recovery of the industrial and infrastructure sectors.

Mr. Girish Wagh, MD & CEO, Tata Motors Ltd., 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 1,25,562 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 3,76,903 to 4,28,329 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 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."

Shares of Tata Motors Limited was last trading in BSE at Rs. 396.25 as compared to the previous close of Rs. 394.60. The total number of shares traded during the day was 1748886 in over 32044 trades.

The stock hit an intraday high of Rs. 422.05 and intraday low of 391.15. The net turnover during the day was Rs. 709239231.00.

Source : Equity Bulls

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