Tata Motors Passenger Vehicles Ltd reported a consolidated net profit of ₹2,560 crore for the quarter ended June 30, 2026. This figure represents an 83% year-on-year increase.
Consolidated revenue from operations rose 19% to ₹20,667 crore. Commercial vehicle wholesales jumped 26% during the period. Management attributed this growth to a strong product portfolio and disciplined execution.
Leadership expects to maintain market leadership and profitable growth despite ongoing commodity cost pressures.
Regulatory approvals for the proposed Iveco acquisition are in the final stage. The company expects clearance by the end of August 2026. Tata Motors anticipates launching the tender offer in early September.