Tata Motors CV sales jump 43 per cent to 1.35 lakh units in Q2

MUMBAI: Tata Motors has put its commercial vehicle business into top gear, with sales accelerating across domestic and international markets in the second quarter of FY27. The company sold 1,35,114 commercial vehicles in Q2 FY27, up 42.7 per cent from 94,681 units in the corresponding quarter last year.

The strong quarter was backed by broad-based growth across vehicle categories, with heavy commercial vehicles, passenger carriers and the international business providing some of the biggest gains. September continued the momentum, with total commercial vehicle sales rising 42.4 per cent year on year to 51,062 units, compared with 35,862 units in September 2025.

Domestic commercial vehicle sales increased 30.9 per cent to 1,13,982 units in Q2 FY27, against 87,061 units in Q2 FY26. The performance reflects growth across trucks, passenger carriers and small commercial vehicles rather than being concentrated in a single category.

Heavy commercial vehicle truck sales climbed 40.3 per cent to 33,756 units during the quarter, while intermediate and light commercial vehicle truck sales rose 24.4 per cent to 20,949 units. Passenger carriers were up 35.2 per cent at 15,455 units, while small commercial vehicles, cargo vehicles and pickups grew 26.2 per cent to 43,822 units.

September provided another strong reading for the domestic business. Tata Motors sold 43,487 domestic commercial vehicles during the month, up 31.2 per cent from 33,148 units a year earlier.

The international business, meanwhile, delivered the quarter’s sharpest percentage growth. Tata Motors’ international commercial vehicle sales jumped 177.3 per cent year on year to 21,132 units in Q2 FY27, compared with 7,620 units in Q2 FY26.

September was equally strong overseas, with international sales rising 179.1 per cent to 7,575 units. The numbers mean international markets accounted for a larger share of the company’s overall commercial vehicle performance during the quarter.

Medium and heavy commercial vehicles also remained a key growth engine. Domestic MH&ICV sales rose 44.3 per cent year on year to 22,616 units in September, while Q2 sales increased 34.1 per cent to 55,582 units.

When international volumes are included, MH&ICV sales rose 42.7 per cent to 23,910 units in September and increased 31.3 per cent to 59,194 units in Q2 FY27. The figures point to sustained demand for larger vehicles across freight, infrastructure and industrial applications.

Electric commercial mobility also moved up a gear during the quarter. Tata Motors said EV volumes grew 2.4 times year on year in Q2 FY27, adding another growth vector to a commercial vehicle market that is increasingly expanding beyond conventional diesel-powered fleets.

The company linked the performance to activity across several parts of the economy. Girish Wagh, MD & CEO, Tata Motors Ltd., said demand for heavy commercial vehicles was supported by infrastructure, construction and mining activity, while intermediate and light commercial vehicles benefited from e-commerce, FMCG, FMCD and two-wheeler logistics.

Small commercial vehicle and pickup demand, meanwhile, was supported by consumption-led freight movement. Passenger transportation also remained firm, helped by last-mile mobility, government orders and rising intercity travel.

The first half of FY27 has consequently delivered a strong run for the commercial vehicle business. Tata Motors sold 2,43,602 CVs in the first six months of the financial year, marking a 35.1 per cent increase over the corresponding period.

The outlook for the second half remains linked to both economic activity and external cost pressures. Tata Motors flagged commodity costs, diesel prices, the possibility of interest rate hikes and global uncertainties as factors that could influence demand and profitability in the coming months.

At the same time, the company expects several demand drivers to remain supportive. Sustained government capital expenditure, a post-monsoon recovery in mining and construction, expanding e-commerce activity and the festive season are expected to support freight and passenger transportation demand in the second half of FY27.

For now, the Q2 numbers show a commercial vehicle business gaining speed on multiple fronts. With domestic volumes climbing, international sales more than doubling and EV volumes expanding 2.4 times, Tata Motors enters the second half of FY27 with growth coming from more than one road.