Tata Motors Q2 FY27 Standalone Revenue Up 42% to ₹23.9K Cr, PBT Up 51%
Tata Motors reported Q2 FY27 standalone revenue of ₹23,930 crore, up 42%, and PBT (bei) of ₹2,700 crore, up 51%. Consolidated revenue increased 36% to ₹25,338 crore. The Iveco tender offer is ongoing, with settlement expected by October 30, 2026. A new subsidiary, AIEQU Mobility Limited, was incorporated.
The strong financial results, significant year-on-year growth, and progress on major corporate actions like the Iveco transaction have a substantial impact on the company's valuation and investor sentiment.
The company reported significant year-on-year growth in revenue and profits for both standalone and consolidated results, indicating strong operational performance and financial health.
Tata Motors Limited announced its financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors approved the Audited Standalone Financial Results and Unaudited Consolidated Financial Results.
On a standalone basis, the company reported a robust performance with revenue from operations at ₹23,930 crore, a 42% increase year-on-year. EBITDA stood at ₹2,800 crore, up 31%, with an EBITDA margin of 11.7%, despite a 90 basis points decline. Profit Before Tax (PBT) before exceptional items surged by 51% to ₹2,700 crore. Free Cash Flow for the quarter was ₹4,600 crore, leading to a net cash position of ₹11,300 crore.
Consolidated revenues for Q2 FY27 reached ₹25,338 crore, a 36% increase. Consolidated EBITDA was ₹2,800 crore, up 31%, with an EBITDA margin of 10.9%. Consolidated PBT (bei) was ₹1,800 crore, a significant increase of 423%, and Profit After Tax stood at ₹1,300 crore, up 244%.
In corporate actions, the tender offer for Iveco common shares commenced on September 4, 2026, and will close on October 26, 2026, with settlement scheduled for October 30, 2026. The company also announced the incorporation of AIEQU Mobility Limited as a wholly-owned subsidiary to develop digital and mobility technology solutions, and the transfer of its Fleet Edge business and shareholding in Freight Commerce Solutions Private Limited to this new entity during H2-FY27.
Girish Wagh, MD & CEO, highlighted strong wholesale volumes and resilient demand, while CFO GV Ramanan emphasized the robust financial performance and continued capital discipline, along with the steady progress on the Iveco transaction.
What to do with a filing like this
Tata Motors 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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Tata Motors Limited. Read the original for the full detail.