Tata Motors CV Q1FY27 revenue up 19%

Profit rises 83% YoY to Rs 2,560 crore

by e4m Staff
Published: Aug 12, 2026 6:10 PM | 2 min read

Tata Motors Commercial Vehicles Ltd reported an 83.3% increase in consolidated profit to Rs 2,560 crore for Q1 FY27, up from Rs 1,397 crore in the same quarter last year.
Consolidated revenue rose 19.3% year-on-year to Rs 20,667 crore, while EBITDA increased by 57.6% to Rs 3,272 crore, with an EBITDA margin of 15.83%.
The company's total expenses for the quarter were Rs 18,038 crore, compared to Rs 15,982 crore a year earlier, reflecting strong demand in the commercial vehicle sector.
Tata Motors' volumes grew 26% year-on-year, with a notable focus on electrification, achieving a 47% market share in the electric commercial vehicle segment during Q1.

Tata Motors Commercial Vehicles Ltd reported an 83.3% year-on-year (YoY) rise in consolidated profit attributable to owners to Rs 2,560 crore for the quarter ended June 30, 2026, compared with Rs 1,397 crore in the corresponding quarter last year. The company said the commercial vehicle industry remained resilient during the quarter, supported by demand across key sectors.

Consolidated revenue from operations increased 19.3% YoY to Rs 20,667 crore, compared with Rs 17,324 crore in Q1FY26. EBITDA rose 57.6% YoY to Rs 3,272 crore, while the EBITDA margin stood at 15.83%, up from 11.98% in the year-ago period.

Total expenses stood at Rs 18,038 crore during the quarter, compared with Rs 15,982 crore a year earlier.

Commenting on the performance, Girish Wagh, MD & CEO, Tata Motors Ltd, said the commercial vehicle industry remained resilient in Q1FY27, supported by India's economic fundamentals, healthy fleet utilisation and sustained demand across sectors. Tata Motors' volumes grew 26% YoY, aided by its product portfolio, focused market interventions and disciplined execution.

He added that the company's ecosystem-led approach to electrification continued to gain momentum, with the eSCV segment recording around 10% salience during May and June and around 47% market share in Q1, indicating rising adoption of electric commercial vehicles.

"The commercial vehicle industry remained resilient in Q1 FY27, supported by India's strong economic fundamentals, healthy fleet utilization, and sustained demand across key sectors. Tata Motors delivered a strong quarter, with volumes growing 26% year-on-year, driven by a winning portfolio, focused market interventions, and disciplined execution," Wagh said.

Looking ahead, Wagh said the company remains focused on leveraging its product portfolio and continued innovation while delivering greater customer value, with the aim of strengthening market leadership and achieving sustainable, profitable growth in the coming quarters.