Tata Motors CV Posts 19% Revenue Jump in Q1 FY27, Profit Surges 83%

Tata Motors’ commercial vehicles (CV) business opened FY27 on a strong note, posting a 19% year-on-year increase in consolidated revenue to approximately ₹20,667 crore in the quarter ended 30 June 2026. The growth was underpinned by healthy demand across segments and continued market share gains in both domestic and export markets.

Total CV wholesales climbed 26% year-on-year to nearly 108,700 units in Q1FY27, reflecting broad-based momentum in small commercial vehicles, trucks and buses. Domestic volumes rose 26%, while exports advanced 35%, aided by a refreshed product portfolio and sharper focus on key overseas corridors. This volume traction, coupled with better mix and operating discipline, supported a sharp improvement in profitability.

Consolidated profit attributable to owners surged about 83% to roughly ₹2,560 crore, helped by stronger operating performance and gains on investments. EBITDA also expanded significantly, with the margin improving to around 15.8%, up from about 12% in the year-ago period, indicating better cost control and pricing power despite commodity headwinds. Management highlighted that free cash flow swung meaningfully into positive territory during the quarter, giving the business more headroom to invest in capacity, network and product development.

The quarter also underscored Tata Motors’ growing presence in electric commercial vehicles, with the company securing more than 3,400 EV orders across CV segments and achieving double-digit salience for its electric small commercial vehicles in recent months. With infrastructure spending, replacement demand and e-commerce activity remaining supportive, Tata Motors CV enters the rest of FY27 with a favourable backdrop, while its rising EV traction and improved balance sheet position it well to sustain momentum.