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Tata Motors CV Reports Rs 867-Crore Q2 Loss in First Results After Listing

The newly listed unit paired modest revenue growth with near‑zero profitability.

Overview

  • Revenue rose 6% year on year to Rs 18,585 crore in Q2 FY26, according to the exchange filing.
  • EBITDA plunged 98.7% to Rs 22 crore, with the margin contracting to 0.1% from 9.8% a year earlier.
  • The quarter recorded a net loss of Rs 867 crore versus a profit of Rs 498 crore in the prior year.
  • The Commercial Vehicles stock debuted on Nov. 12 at Rs 335 on the NSE and Rs 330.25 on the BSE, listing at roughly a 26–28% premium to implied values.
  • For its first 10 sessions the CV stock trades in the trade‑for‑trade segment with no intraday deals, and the company has scheduled an analyst call following the results.