Passenger carrier sales rose 31% to 7,983 units, while SCV cargo and pickup sales jumped 17% to 14,891 units during March 2026 over the year-ago period. Total domestic CV sales increased 18% YoY to 45,825 units in March 2026.

For Q4 FY26, the company’s total sales rose 25% to 132,465 units, compared with 105,643 units in Q4 FY25.

Girish Wagh, MD & CEO, Tata Motors, 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 125,562 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 376,903 to 428,329 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 the 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.

Tata Motors (formerly TML Commercial Vehicles) is India’s largest and a globally renowned manufacturer of utility vehicles, pick-ups, trucks, and buses. Its advanced powertrains, connected technologies, and intelligent fleet solutions support a wide range of applications—from last-mile delivery to public transport.