Tata Motors PV Q2 FY27 Sales Surge 40% to 201,723 Units, EV Sales Grow 90%
Tata Motors Passenger Vehicles (TMPV) reported Q2 FY27 sales of 201,723 units, a 40% year-on-year increase. EV sales surged 90% to over 47,000 units, reaching 23% penetration. Combined EV and CNG sales constitute 51% of total volumes. The company expects strong performance during the upcoming festive season.
The substantial sales growth, record EV performance, and positive outlook for the festive season are material developments that are likely to have a significant impact on investor sentiment and the company's market position.
The company reported significant year-on-year sales growth of 40%, driven by strong performance in both overall sales and electric vehicle segments, indicating positive business momentum.
Tata Motors Passenger Vehicles Limited (TMPV) announced its sales figures for the second quarter of Fiscal Year 2027 (Q2 FY27), recording a total of 201,723 units sold in domestic and international markets. This represents a significant year-on-year growth of 40% compared to 144,397 units sold in Q2 FY26. The domestic passenger vehicle sales saw a 15% increase in September 2026 compared to September 2025, reaching 68,810 units from 59,667 units. For the quarter, domestic PV sales grew by 40% to 196,674 units.
Electric vehicle (EV) sales were a key highlight, with the company achieving its highest-ever quarterly sales of over 47,000 units, marking a substantial 90% year-on-year growth. EV penetration within TMPV's portfolio rose to 23%, significantly higher than the industry average of around 8%. Compressed Natural Gas (CNG) vehicles also performed strongly, contributing 28% to the total volumes, with EV and CNG combined accounting for 51% of sales, indicating a strong customer preference for greener mobility solutions.
Mr. Shailesh Chandra, MD and CEO of TMPV, expressed optimism about the festive season, citing a strong order book and healthy customer traction. He highlighted the company's focus on scaling up production to meet demand and strengthen its market position. New product introductions, including the Curvv SeriesX, Sierra Legend Series, and the all-new Tata Aeris, along with the unveiling of the new customer-facing identity TATA.CARS, are expected to further boost performance. The Punch SUV emerged as India's highest-selling SUV during the quarter.
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Tata Motors Passenger Vehicles Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Tata Motors Passenger Vehicles Limited. Read the original for the full detail.