Tata Motors Commercial Vehicles reported a loss of Rs 867 crore in the second quarter of FY26. Last fiscal year, the Tata Group company posted a consolidated profit of Rs 498 crore in the second quarter. The company said that the losses in the quarter were primarily due to a one-time impairment charge related to an investment in Tata Capital.
Furthermore, Tata Motors CV reported a 6.26 per cent YoY revenue growth in the quarter. The company reported a consolidated revenue of Rs 18,491 crore in Q2 FY26. Last year, its revenue was at Rs 17,402 crore in the second quarter.
“After a subdued start, the rollout of GST 2.0 and the onset of the festive season catalyzed a surge in demand across segments. We recorded a 12% year-on-year volume growth, led by enhanced product availability, a refined pricing strategy, and intensified market activations.” said Girish Wagh, MD & CEO, Tata Motors