For the first quarter of FY27, domestic commercial vehicle sales increased 26% year-on-year to 100,348 units from 79,572 units. International business sales rose 35% to 8,140 units, lifting total commercial vehicle sales across domestic and overseas markets to 108,488 units, up 27% from 85,606 units in the corresponding quarter last year.
Segment-wise, heavy commercial vehicle (HCV) truck sales climbed 22% to 26,491 units, while intermediate, light and medium commercial vehicle (ILMCV) truck sales increased 17% to 16,971 units. Passenger carrier sales rose 23% to 18,540 units, while small commercial vehicle (SCV) cargo and pickup sales jumped 36% to 38,346 units.
Domestic medium and heavy commercial vehicle (MH&ICV) sales stood at 44,571 units during the quarter, up 19% from a year earlier. The company also said its electric commercial vehicle volumes grew 4.4 times year-on-year in Q1FY27.Commenting on the outlook, Girish Wagh, Managing Director and Chief Executive Officer of Tata Motors Commercial Vehicles, said demand is expected to be driven by automobile and port logistics, e-commerce and core sectors, while the progress of the monsoon will remain a key factor to watch.
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On the international business, Wagh said the company has commenced shipments under its Indonesia order and is gradually resuming supplies to the Middle East after a two-month pause.
The business update follows a strong March quarter for Tata Motors’ commercial vehicle business. The company reported a 33.8% year-on-year rise in consolidated net profit to ₹1,793 crore, while revenue increased 19.4% to ₹26,098 crore. EBITDA grew 8.6% to ₹2,640 crore, although the EBITDA margin moderated to 10.12% from 11.12% in the corresponding quarter last year.
