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Business News | Tata Motors CV Q1 Consolidated PAT Up 83% YoY to Rs 2,560 Cr; Revenue Up 19%
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The company's total revenue from operations, including grant income and incentives, stood at Rs 20,770 crore during the quarter, up from Rs 17,414 crore in Q1 FY26.
EV truck volumes rose 277% year-on-year, supported by the launch of Intra EV and 55T EV models and higher diesel prices.
Finance costs declined to Rs 135 crore from Rs 254 crore, further supporting profitability.
For commercial vehicles, the company plans to accelerate growth through its MY26 portfolio, higher-payload trucks and battery electric vehicles.
In the passenger commercial vehicle segment, it expects to execute around 4,500 government, defence and STU orders, including 850 e-buses.