Tata Motors Posts Double-Digit Growth in Q2 FY26, Passenger Vehicles Hit Record High

Tata Motors has reported a strong performance in the second quarter of FY26, with both its commercial and passenger vehicle businesses recording double-digit growth, buoyed by festive demand and the rollout of GST 2.0.

According to company data, total commercial vehicle (CV) sales for Q2 FY26 stood at 94,681 units, up 12% from 84,281 units in Q2 FY25. Domestic CV sales rose 9% year-on-year to 87,061 units, while international business nearly doubled, registering 75% growth. September emerged as the strongest month of the year for the CV division, helped by robust demand in the small commercial vehicle and pickup segment, which grew 30% year-on-year.

Passenger vehicles (PV), including electric vehicles (EVs), saw sales climb 10% to 144,397 units in Q2 FY26, compared to 130,753 units a year earlier. September marked a historic milestone for Tata Motors with 60,907 units sold in a single month, the highest ever for the company’s PV segment.

EV sales continued their upward momentum, surging 59% year-on-year in the quarter to 24,855 units, and now contribute nearly 17% of Tata Motors’ total passenger vehicle sales. The Nexon led the charge with record sales of over 22,500 units in September, followed by strong performances from the Harrier, Safari, and Punch.

Girish Wagh, Executive Director of Tata Motors, noted that Q2 began with “subdued market conditions” but gained momentum after the GST rate reduction in September. “September was our best-performing sales month in FY26, driven by 30% YoY growth in SCV and pickups, led by the new Ace Pro and Ace Gold+ launches,” he said.

Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles, said GST 2.0 reforms and festive demand had provided a strong push. “September 2025 emerged as a watershed month, with our highest-ever sales. EVs and CNG models both posted record-breaking numbers, underlining customer confidence in sustainable mobility,” he said.

The company has also completed a major restructuring. Effective October 1, 2025, Tata Motors demerged its commercial vehicles business into TML Commercial Vehicles Ltd. (TMLCV), while consolidating passenger vehicles under the parent company. Going forward, the two entities will release independent financial and sales updates.

With festive demand continuing, GST reforms stabilizing, and infrastructure and mining activity expected to expand, Tata Motors is projecting a strong second half of FY26.

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