Overview
- Tata Motors reported its highest quarterly revenue of Rs. 20,423 crore in Q2 FY27, with passenger-vehicle dispatches exceeding 200,000 and volumes rising about 40% year on year.
- Electric vehicle volumes jumped roughly 90% in Q2 FY27, giving Tata an estimated 43% share of EV registrations per Vahan and EV penetration of about 23% of its mix.
- Combined alternative-powertrain penetration — EV plus CNG — topped 50% in the quarter, with CNG accounting for near 28% of passenger-vehicle sales.
- The company launched the all-new Aeris and updated Curvv and Sierra ranges while extending Battery-as-a-Service across its EV portfolio to lower upfront costs for buyers.
- Profitability was squeezed despite higher sales, with EBITDA and EBIT margins down and PBT at breakeven as Tata blamed higher commodity prices and foreign-exchange movements; reported October sales carry the momentum into Q3 with monthly totals cited at about 75,400 by one outlet and 73,894 by another, led by Nexon and Punch.