Tata Motors CV Q2 Consolidated Net Profit Rises to Rs 1,254 Crore

The Tata Motors Commercial Vehicles reported a consolidated net profit of Rs 1,254 crore for Q2FY27, up from a net loss of Rs 867 crore in the corresponding period of the previous fiscal year.

Consolidated revenue from operations for the quarter rose 36 percent year-on-year to Rs 25,338 crore compared with Rs 18,585 crore in Q2 FY26. On a standalone basis, revenue from operations grew 42 percent to Rs 23,930 crore, while standalone net profit stood at Rs 2,138 crore.

The company's total wholesale volumes for the quarter expanded 42 percent year-on-year to 135,100 units. Domestic volumes increased 30 percent, while exports grew 177 percent compared to the prior-year period. 

Operating performance remained steady despite input inflation, with consolidated EBITDA margin coming in at 10.9 percent and standalone EBITDA margin at 11.7 percent.

Strong operating cash generation increased the company's net cash position to Rs 11,300 crore on a standalone basis and Rs 15,900 crore on a consolidated level as of September 30, 2026.

GV Ramanan, Chief Financial Officer of Tata Motors, said, "Despite significant commodity cost pressures, particularly in steel and rubber, we maintained margins sequentially through rigorous cost management, operating efficiencies and calibrated pricing actions."