Top News

Tata Motors has announced its financial results for the second quarter of the fiscal year 2026, revealing a mixed performance across its different business segments. While the company posted a strong consolidated net profit, its demerged commercial vehicles (CV) arm reported a significant net loss, causing a slight dip in the company’s share price.

Commercial Vehicle Arm Performance

The commercial vehicle division of Tata Motors reported a net loss of ₹867 crore for the quarter ending September 30, 2025. This stands in stark contrast to the net profit of ₹898 crore posted during the same quarter in the previous fiscal year. The revenue from operations for the CV segment also saw a decline, falling by 3.4% year-on-year to ₹17,766 crore.

The company’s CV sales figures reflected this downturn. During the second quarter, Tata Motors sold a total of 97,949 commercial vehicles, a 4.1% decrease compared to the 1,02,143 units sold in the corresponding period last year.

Consolidated Results and Market Reaction

Despite the setback in the CV business, Tata Motors reported a robust consolidated net profit of ₹8,991 crore for the quarter. This represents a substantial 43.1% year-on-year growth, driven largely by the strong performance of its passenger vehicle (PV) and Jaguar Land Rover (JLR) businesses. The company’s consolidated revenue from operations also grew by an impressive 18.2% to ₹1,29,754 crore.

However, the market reacted to the news of the CV arm’s losses. Following the announcement, Tata Motors’ shares fell by 1.6% to close at ₹965 on the Bombay Stock Exchange (BSE).

This financial report comes as Tata Motors moves forward with its plan to demerge its CV and PV businesses into two separate listed entities. The results highlight the differing trajectories of the two segments, with the passenger vehicle division, including electric vehicles and JLR, currently driving the company’s overall profitability.

Read More: Mahindra XEV 9S Electric SUV Teased, Hinting at a Feature-Packed Launch