Tata Motors Limited, formerly TML Commercial Vehicles Limited, reported a 42.7% year-on-year increase in domestic and international commercial vehicle sales at 1,35,114 units in Q2 FY27, compared with 94,681 units in the corresponding quarter last year.
Domestic commercial vehicle sales rose 30.9% to 1,13,982 units from 87,061 units, while international business surged 177.3% to 21,132 units from 7,620 units. In September alone, total commercial vehicle sales stood at 51,062 units, up 42.4% from 35,862 units a year earlier.
HCV truck sales increased 40.3% to 33,756 units in Q2, while ILMCV volumes rose 24.4% to 20,949 units. Passenger carriers grew 35.2% to 15,455 units, and SCV cargo and pickup sales climbed 26.2% to 43,822 units. EV volumes recorded 2.4 times year-on-year growth during the quarter.
MH&ICV domestic sales rose 34.1% to 55,582 units, while domestic and international volumes increased 31.3% to 59,194 units.
Tata Motors MD and CEO Girish Wagh attributed the growth to broad-based demand across infrastructure, construction, mining, e-commerce, FMCG, logistics and passenger transportation.
He said commodity costs, diesel prices, potential interest-rate hikes and global uncertainties remain key monitorables, while government capital expenditure, mining and construction activity and the festive season could support demand in the second half.
