Link: https://links.sgx.com/1.0.0/corporate-announcements/0BLZWYGF45X29KTI/316601e9658fc6132119faabd6dda083e0ffddf399a463ea779fe7d714697d42

Summary:

• Total Q2 FY26 sales: Commercial vehicles 94,681 units (up 12% YoY) and passenger vehicles 144,397 units (up 10% YoY), including substantial increases in domestic and international sales.

• Commercial vehicle segment highlights: SCV & Pickup portfolio saw 30% YoY growth led by new Ace Pro and Ace Gold+ launches; overall September 2025 was the best month for CV sales in FY26.

• Passenger vehicle segment highlights: September 2025 marked highest ever sales (60,907 units, up 47% YoY); EV sales surged 96% YoY in September, 59% growth for Q2, and contributed a record 17% to total PV sales; CNG sales also reached record high.

• Landmark for Nexon: Over 22,500 units sold in September—the highest-ever for any Tata Motors PV; Harrier, Safari, and Punch models also posted record results.

• Lower GST rates post-GST 2.0 and festive season contributed to resurgence in sales and bookings across segments.

• Strategic foray into South Africa resulted in 5x export volumes versus last year.

• Effective October 2025, Tata Motors demerged its commercial vehicles (now TMLCV) and consolidated PV business; both entities will report independently from Q3 FY26 onward.