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Tata Motors CV Profits Soar 34% in Q4

13 May

Summary

Consolidated net profit rose 33.8% to ₹1,793 crore in Q4 FY26.
Standalone revenue grew 22% to ₹24,500 crore in Q4, with EBITDA up 35%.
Company maintained net cash positive at ₹13,700 crore as of March 31, 2026.

Tata Motors Ltd. announced a consolidated net profit increase of 33.8% for its commercial vehicles (CV) business in Q4 FY26, reaching ₹1,793 crore. This marks a substantial improvement from the ₹1,340 crore recorded in the same period last year.

The company achieved a record standalone performance in Q4 FY26, with revenue climbing 22% to ₹24,500 crore and EBITDA growing by 35% to ₹3,400 crore. Standalone EBITDA margin also saw a significant improvement, up 130 basis points to 13.9%.

For the full fiscal year 2026, standalone revenue increased by 11% to ₹77,400 crore, and EBITDA rose by 22% to ₹10,200 crore. Despite a decline in profit after tax due to exceptional items, the company ended the fiscal year net cash positive at ₹13,700 crore.

Tata Motors' CV business experienced a landmark year in FY26, surpassing pre-FY19 peak volumes and reinforcing industry leadership. Management anticipates resilient demand fundamentals despite potential near-term moderation. The board has recommended a final dividend of ₹4.00 per equity share.

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