Mumbai, April 1, 2026: Q4 FY26 sales in the domestic & international markets stood at 1,32,465 units, compared to 1,05,643 units during Q4 FY25. March 2026 sales in the domestic & international markets stood at 47,976 units, compared to 41,122 units during March 2025.
Domestic sales of MH&ICV in March 2026, was 23,805 units vs 20,474 units in March 2025 (16% YoY); In Q4 FY26 it was 64,904 units, compared to 51,551 units in Q4 FY25 (26% YoY).
Domestic & International sales for MH&ICV in March 2026, was 24,703 units vs 21,226 units in March 2025 (16% YoY); while in Q4 FY26 it stood at 68,007 units, vs 53,995 units in Q4 FY25 (26% YoY). EV volumes saw 59% YoY growth in FY26
Mr. Girish Wagh, MD & CEO, Tata Motors Ltd.,said, “FY26 saw a subdued first half for the commercial vehicle industry, followed by a decisive recovery in H2 as demand conditions improved with the rollout of GST 2.0 and gained momentum through Q3 and Q4.
In Q4 FY26, Tata Motors Commercial Vehicles registered sales volumes of 1,25,562 units, the highest since Q4 FY21, and representing a 25% year-on-year (YoY) growth, reflecting improving freight activity and renewed customer confidence.
For the full year (FY26), sales volumes grew by 14% from 3,76,903 to 4,28,329 YoY, showcasing broad-based growth across product lines, customer segments and markets. During the year, we expanded our portfolio with the launch of new products including Ace Pro and Winger 9S, upgraded our entire truck range to meet European safety norms (ECE R.029 03), and introduced the new Azura range, strengthening our competitiveness and deepening our presence across key segments.
In March, the monthly double-digit YoY sales growth saw some moderation amid the ongoing conflict in West Asia and its impact on select sectors of the economy. We have intensified efforts to support customers by ensuring smooth and uninterrupted logistics operations as they address emerging operating challenges.
Looking ahead, we remain agile, closely tracking geopolitical developments and the evolving macro environment. Diesel prices remain a key monitorable, given their impact on total cost of ownership. In parallel, we are actively assessing the risk landscape and have put in place appropriate mitigation measures to strengthen resilience and manage production continuity. With a refreshed and comprehensive product portfolio, supported by smart digital solutions, Tata Motors Commercial Vehicles is well positioned to capture emerging opportunities. We continue to execute with discipline, maintaining a sharp focus on customer centric solutions and delivering sustained value through our products and mobility solutions.”
