Tata Motors' Commercial Vehicles Arm Posts ₹867 Crore Q2 Loss

On November 13, 2025, Tata Motors announced the financial results for its Commercial Vehicles division for the July-September quarter of the 2025-26 fiscal year. The company reported a ₹867 crore net loss during this period, a stark contrast to the ₹498 crore net profit it had posted in the same quarter of the previous financial year.

Despite a 6% increase in revenue from core operations, which reached ₹18,585 crore, Tata Motors' Commercial Vehicles arm struggled with a significant rise in total expenses. The company's total expenses jumped 15% to ₹19,296 crore, compared to ₹16,777 crore in the same period a year earlier.

The widening gap between revenue and expenses has resulted in the ₹867 crore net loss for Tata Motors' Commercial Vehicles division in the second quarter of the 2025-26 fiscal year. This performance marks a significant decline from the ₹498 crore net profit the company had reported in the same quarter of the previous financial year.