Tata Motors Sells 2.10 Lakh Units in Q1 FY26, Registers 10% YoY Decline
By Shishta Dutta | Updated at: Oct 30, 2025 12:25 PM IST
Mumbai, July 1, 2025 – Tata Motors Ltd (NSE: TATAMOTORS) reported total sales of 2,10,415 units in Q1 FY26, marking a 10% year-on-year decline from 2,29,891 units in Q1 FY25. The contraction was seen across both Commercial Vehicles (CVs) and Passenger Vehicles (PVs), although international business volumes posted strong gains.
Q1 FY26 Sales Summary
Tata Motors reported an 8.5% year-on-year decline in total vehicle sales for Q1 FY26, with overall sales falling to 2,10,415 units from 2,29,891 units in the same quarter last year. Commercial vehicle (CV) sales were down 6% at 85,606 units, while passenger vehicle (PV) sales, including electric vehicles, dropped 10% to 1,24,809 units. The decline reflects subdued demand across segments during the quarter.
| Segment | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Total Sales | 2,10,415 | 2,29,891 | -8.5% |
| Total CV Sales | 85,606 | 91,209 | -6% |
| Total PV Sales (incl. EV) | 1,24,809 | 1,38,682 | -10% |
Segment-Wise Breakdown
Commercial Vehicles
| Category | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| HCV Trucks | 21,735 | 24,690 | -12% |
| ILMCV Trucks | 14,497 | 13,791 | +5% |
| Passenger Carriers | 15,089 | 14,893 | +1% |
| SCV Cargo & Pickups | 28,251 | 34,241 | -17% |
| Domestic CV Sales | 79,572 | 87,615 | -9% |
| International CV (IB) | 6,034 | 3,594 | +68% |
June 2025 CV Sales stood at 30,238 units, down 5% YoY, but saw 8% sequential growth over May 2025.
Passenger Vehicles
| Category | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Domestic PV Sales (incl. EV) | 1,23,839 | 1,38,104 | -10% |
| PV International Business | 970 | 578 | +68% |
| Total PV Sales (incl. EV) | 1,24,809 | 1,38,682 | -10% |
| EV Sales (Domestic + IB) | 16,231 | 16,579 | -2% |
June 2025 EV Sales rose 12% YoY to 5,228 units.
Key Highlights & Management Commentary
Commercial Vehicle Division
Girish Wagh, Executive Director, Tata Motors Ltd., said:
“Q1 FY26 began on a subdued note for the commercial vehicle industry with muted performance in HCV and SCVPU segments. However, ILMCV and Passenger Carriers recorded modest growth. Our international CV business delivered a strong 67.9% YoY growth, supported by new market entries such as Egypt and enhanced offerings in the MENA region.”
Tata Motors also launched the Ace Pro, India’s most affordable mini-truck, available in petrol, bi-fuel, and EV variants, which has received positive market feedback. The company has also introduced air-conditioned cabins across its light to heavy trucks lineup to improve driver comfort.
Passenger Vehicle Division
Shailesh Chandra, MD of Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd., noted:
“Despite industry-wide volume pressures, the EV segment emerged as a bright spot, with strong momentum in June and robust consumer interest. New launches like the Altroz and Harrier.ev have received positive market responses, with greater traction expected in the upcoming quarters.”
Tata’s refreshed Tiago recorded 16% YoY growth in Q1 FY26, highlighting the company’s product-led growth strategy in the hatchback and SUV segments.
Strategic Outlook
The company expects tailwinds in the coming quarters from:
- Anticipated normal monsoon
- Potential repo rate reduction
- Renewed focus on infrastructure development
Management reaffirmed its commitment to its demand-pull strategy, new product innovation, and customer engagement to navigate the challenging macro environment and regain volume momentum.
Tata Motors Stock Performance
Tata Motors shares closed at ₹683, a 0.61% dip on July 1, 2025. They have dipped 31% in the last year, 8.74% in the year-to-date, and 3.9% in the last year.
About Tata Motors
Tata Motors Limited is a leading global automobile manufacturer and part of the Tata Group, listed on both NSE and BSE. It operates through several subsidiaries, including Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, serving a wide range of market segments from commercial vehicles to electric cars.
REF: https://nsearchives.nseindia.com/corporate/TATAMOTORSSJS_01072025140527_NSEBSELETTER.pdf
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