Sales Performance - Q1 FY27 vs Q1 FY26
Total Sales Performance:
- Q1 FY27 Total Sales: 182,574 cars & SUVs (includes domestic and international markets)
- Q1 FY26 Total Sales: 124,809 units
- Year-on-Year Growth: 46%
Business Unit Breakdown:
Domestic Market (PV Domestic):
- June 2026: 62,076 units vs June 2025: 37,083 units (67% growth)
- Q1 FY27: 180,166 units vs Q1 FY26: 123,839 units (45% growth)
International Business (PV IB):
- June 2026: 1,007 units vs June 2025: 154 units (554% growth)
- Q1 FY27: 2,408 units vs Q1 FY26: 970 units (148% growth)
Electric Vehicles (EV IB + Domestic):
- Includes sales of Tata Passenger Electric Mobility Limited (subsidiary)
- June 2026: 14,800 units vs June 2025: 5,228 units (183% growth) - Highest-ever monthly sales
- Q1 FY27: 34,467 units vs Q1 FY26: 16,231 units (112% growth)
Management Commentary
Mr. Shailesh Chandra, MD and CEO provided the following insights:
Quarterly Performance:
- Strong start to FY27 with industry-beating 46% YoY growth
- Performance fueled by robust customer demand and success of recent launches
- EV leadership strengthened with volumes more than doubling (112% YoY growth)
- Retail performance (Vahan registrations) rose ~40% YoY, nearly twice industry growth
Monthly Performance (June 2026):
- Recorded sales of 63,083 cars and SUVs (69% YoY growth)
- Achieved highest-ever monthly EV sales of 14,800 units (nearly tripled YoY)
Product Specific Updates:
- Overwhelming response to new avatars of Tiago and Punch with surging bookings across powertrains
- Strong momentum in entry EV category signaling rapid mainstreaming of electric mobility across India
- Supply constraints impacted Sierra volumes during the quarter, but customer interest and booking momentum remain robust
Outlook and Corrective Measures:
- Corrective measures underway to augment production from select vendors for Sierra
- Progressive acceleration of deliveries expected from Q2 onward
- Company remains confident about maintaining growth momentum through the rest of the year
- Strong order book, exciting products, and sustained customer demand support positive outlook
Corporate Background
- Part of the USD 180 billion Tata Group
- Name changed from Tata Motors Limited to Tata Motors Passenger Vehicles Limited effective October 13, 2025, pursuant to Composite Scheme of Arrangement sanctioned by NCLT Mumbai Bench
- Offers diverse portfolio of cars and SUVs with multi-powertrain options, advanced connected technologies, and intelligent personal mobility solutions
- At the forefront of India's electric vehicle revolution