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Informist, Wednesday, Apr. 1, 2026

 

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--Tata Motors PV Mar total sales 66,971 units vs 51,872 units year ago
--Tata Motors PV Mar domestic sales 66,192 units, up 28% on year
--Tata Motors PV Mar exports 779 units vs 256 units year ago
--Tata Motors PV FY26 total sales 641,587 units vs 556,263 units year ago
--Tata Motors PV FY26 domestic sales 631,387 units, up 14% on year
--Tata Motors PV FY26 exports 10,200 units vs 2,678 units year ago

 

NEW DELHI – Tata Motors Passenger Vehicles Ltd. Wednesday said it sold 66,971 cars in March, up 29% on year but only 6% on month. "PV industry sales are expected to reach record volumes of (about) 4.7 million units for the year, reflecting 8% year on year (YoY) growth. The industry witnessed a strong rebound in the second half, posting double digit growth, supported by GST 2.0 implementation and a robust festive season," the company's Managing Director and Chief Executive Officer Shailesh Chandra said in a press release.

 

The company sold 66,192 passenger vehicles to dealerships in India in March, up 28% on year. Overseas sales of its cars surged to 779 units in March from 256 units a year ago. Sales of its electric vehicles, including in India and abroad, grew to 9,494 units in March, up 77% on year.

 

Wholesale sales of its cars in the March quarter grew 37% on year to 201,368 cars. Sales in India in the quarter surged 36% on year to 198,743 units. The company registered its highest-ever quarterly sales in the March quarter, including its highest-ever electric vehicle sales. 

 

In the financial year 2025-26 (Apr-Mar), the company despatched 641,587 cars, up 15%. Domestic sales grew 14% on year to 631,387 units while exports rose to 10,200 units from 2,678 units in FY25.

 

"Nexon and Punch emerged as the highest selling SUV (sport utility vehicle) models in H2 (Oct-Mar), underscoring the strength of our SUV portfolio, while industry-beating growth in hatchbacks reinforced their customer preference," Chandra said. "Looking ahead, industry momentum is expected to sustain, led by growth in SUVs, CNG (cars that run on compressed natural gas) and EV (electric vehicles). At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks," he added.

 

Tata Motors PV is expecting to build on the sales growth momentum seen in Oct-Mar and deliver "industry-beating" growth in FY27 driven by its recent launches, pipeline of new products, and multi-powertrain strategy.  

 

For the December quarter, on a consolidated basis, Tata Motors Passenger Vehicles had reported a net loss of INR 34.86 billion on a revenue of INR 701.08 billion. At 1404 IST, its shares were 2.6% higher at INR 303.95 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Anand JC

Edited by Rajeev Pai

 

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