Robust volume growth powers Tata Motors in Q2, but input cost pressures loom
New Delhi, Oct. 26 -- A sharp surge in sales volumes brought comfort to Tata Motors Ltd (TMCV) in the September quarter (Q2FY27). Standalone revenue increased by 42% year-on-year to Rs.23,930 crore, aided by 43% total wholesale volume growth to 135,114 vehicles. International volumes grew much faster at 177% to 21,132 units, led by a large Indonesia order. TMCV's realization fell marginally year-on-year as improved domestic pricing was offset by a heavier mix of low-priced light commercial vehicles (LCV) and small commercial vehicle (SCV) exports.
Overall H1 volume growth is now at 35%. In general, demand for CVs is aided by higher infra spending, strong freight movement, replacement demand of older trucks and buses, and logistics fleet ...
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