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Tata Motors CV swings to ₹1,257 crore profit in Q2; revenue rises 36%
Sentiment: PositiveHigh Priority
What Happened?
Tata Motors reported a consolidated net profit of ₹1,257 crore in Q2 FY27, reversing a loss of ₹867 crore from the previous year. Revenue rose 36.3% to ₹25,338 crore, driven by higher vehicle sales.
Key points
- Consolidated revenue from operations increased by 36.3% year-on-year to ₹25,338 crore.
- Earnings before interest, tax, depreciation, and amortization (Ebitda) rose 31% to around ₹2,800 crore.
- Commercial vehicle wholesales grew 42% year-on-year to 135,100 units.
- Profit before tax, excluding exceptional items, was ₹1,780 crore, compared to a loss of ₹551 crore last year.
- The company’s market share in domestic commercial vehicles rose to 36.2% in the first half of FY27.
Key insights
- Sustained infrastructure activity and stable fleet utilization are likely to support future freight demand.
- The company's focus on cost management may help maintain margins despite commodity pressures.
- The proposed acquisition of Iveco could enhance Tata Motors' market position in commercial vehicles.
Why it matters
The profit turnaround indicates strong demand and effective management in Tata Motors' commercial vehicle segment.
Tags
Entities
Tata Motors· CompanyIveco· Company
Source
Business Standard
