Sales Performance Summary

Tata Motors Passenger Vehicles Ltd. recorded total sales of 201,723 units in Q2 FY27 (July-September 2026), representing robust growth of 40% year-on-year compared to 144,397 units in Q2 FY26.

Monthly and Quarterly Breakdown

| Business Units / Segments | Sep'26 | Sep'25 | Growth/Decline | Q2 FY27 | Q2 FY26 | Growth/Decline |

| PV Domestic | 68,810 | 59,667 | 15% | 196,674 | 140,189 | 40% |

| PV IB (International Business) | 1,400 | 1,240 | 13% | 5,049 | 4,208 | 20% |

| PV Total (includes EV) | 70,210 | 60,907 | 15% | 201,723 | 144,397 | 40% |

| EV IB + Domestic | 15,384 | 9,191 | 67% | 47,150 | 24,855 | 90% |

Note: Includes sales of Tata Passenger Electric Mobility Limited, a subsidiary of Tata Motors Passenger Vehicles Ltd.

Key Performance Highlights

Record Quarterly Performance: Q2 FY27 was the company's highest-ever quarter with sales crossing 200,000 units. September 2026 marked a milestone with monthly sales exceeding 70,000 units.

Electric Vehicle Growth: EV sales reached record levels with 47,150 units in Q2 FY27, growing 90% year-on-year. EV penetration in the company's portfolio rose sharply to 23%, significantly higher than the industry average of approximately 8%.

CNG Performance: CNG delivered its highest-ever quarterly sales and accounted for 28% of total volumes.

Green Portfolio Contribution: Combined EV and CNG sales now contribute 51% of total sales, reflecting shifting customer preference towards greener mobility solutions.

Market Context and Industry Performance

Management noted that passenger vehicle demand sustained strong momentum following GST 2.0 implementation, despite the quarter being seasonally softer. Industry Vahan volumes grew approximately 24% year-on-year, led by increasing adoption of greener powertrains.

Product Portfolio and Launches

The company strengthened its portfolio with several launches:

  • Curvv SeriesX
  • Sierra Legend Series
  • All-new Tata Aeris

Punch emerged as India's highest-selling SUV during the quarter.

Brand Evolution

The company unveiled its new customer-facing identity TATA.CARS, reflecting the evolution of the brand in step with the aspirations of today's Indian car buyer.

Outlook and Strategy

Management remains optimistic about the forthcoming festive season, supported by:

  • Strong order book
  • Healthy customer traction across the portfolio
  • Plans to progressively scale up production

The focus will be on fully leveraging demand, sustaining growth momentum, and further strengthening competitive position in the market.

Corporate Background

Tata Motors Passenger Vehicles Ltd. (formerly Tata Motors Limited) is part of the USD 180 billion Tata Group. The name change was effective October 13, 2025, as per a Composite Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal, Mumbai Bench.

The company offers a diverse portfolio of cars and SUVs with multi-powertrain options, advanced connected technologies, and intelligent personal mobility solutions.