Tata Motors Commercial Vehicles Posts Rs 867 Crore Q2 Loss in First Results After Split

Overview

• Revenue rose 6% year-on-year to Rs 18,585 crore for Q2 FY26, according to the company’s exchange filing.
• The newly listed CV stock debuted on November 12 at Rs 335 on the NSE and Rs 330.25 on the BSE, reflecting a roughly 26–28% premium to implied values.
• Trading in the CV shares is restricted to the trade-for-trade segment for the first 10 sessions, with early volatility and profit-taking reported around the results.
• The Board met on November 13 to approve Q2 and H1 FY26 results, with an analyst and investor call scheduled after the announcement.
• Company disclosures and media reports cited roughly Rs 2,000 crore of mark-to-market losses on Tata Capital holdings as the primary drag on quarterly earnings.