Mumbai, Aug. 13 -- While EBITDA improved by 9.9% year-on-year (YoY) to Rs 2,257 crore, EBITDA margin, however, contracted by 90 basis points to 10.9% in the June'26 quarter.

Profit before tax in Q1 FY27 stood at Rs 2,970 crore, up by 77.4% from Rs 1,674 crore in Q1 FY26.

As of 30 June 2026, the company was net cash positive at Rs 13,500 crore. This includes TMF Holdings' gross debt, less the market value of its investments in Tata Capital.

The company reported total wholesales of 108,700 units in Q1 FY27, up 26% year-on-year. Domestic volumes rose 26% YoY, while export volumes increased 35% YoY.

The company's overall domestic CV VAHAN market share stood at 36.8% in Q1 FY27, an improvement of 100 basis points sequentially.

Girish Wagh...