Tata Motors Jan-Mar Sales Rise 25% to 132,465 Units, Driven by CV Recovery

Tata Motors reported a 25% year-on-year rise in total commercial vehicle sales to 132,465 units in the January–March quarter of 2025-2026, supported by a recovery in demand during the second half of the year.

Sales in March 2026 stood at 47,976 units, up 17% from 41,122 units a year earlier.

Domestic medium and heavy commercial vehicle (MH&ICV) sales rose 16% to 23,805 units in March, while quarterly volumes grew 26% to 64,904 units. Including international business, MH&ICV sales came in at 24,703 units for March and 68,007 units for the quarter, both up 16% and 26% respectively.

Overall domestic commercial vehicle sales increased 18% to 125,562 units in the quarter, while total CV volumes for 2025-2026 rose 14% to 428,329 units.

The company said demand remained weak in the first half of the year but picked up sharply in the second half, helped by improving freight activity and policy support, driving momentum through the third and fourth quarters.

Growth was broad-based across segments, including heavy trucks, intermediate and light commercial vehicles, and passenger carriers. The company also expanded its product portfolio during the year with new launches and upgrades to meet stricter safety standards.

However, growth in March moderated slightly due to geopolitical tensions in West Asia, which impacted certain sectors. The company said it is closely monitoring fuel prices and macro conditions, while focusing on maintaining operational continuity and supporting customers.

Electric vehicle volumes saw strong traction during the year, rising 59% compared to 2024-2025.

Tata Motors said it remains focused on leveraging its expanded product portfolio and digital capabilities to capture emerging opportunities while maintaining financial discipline.