Tata Motors PV Share Price in Focus; Reports 51% Revenue Growth in Q2FY27

Tata Motors Passenger Vehicles reported revenue of ₹20,423 crore for the second quarter of FY27, up 50.9% from a year earlier.  

According to exchange filings dated November 13, 2026, it sold more than 200,000 vehicles, with volumes rising 40%. The quarter ended on September 30, 2026. 

Revenue and Volumes 

Demand increased across the passenger vehicle range. Vahan market share was 14.3%, keeping the company in second place in the domestic market. Electric vehicle sales rose 90% year on year.  

EVs accounted for 43% of the electric passenger vehicle market, with market share improving 380 basis points from the previous quarter. 

Alternative powertrains accounted for more than half of Q2 sales. EVs made up 23% of the mix and CNG vehicles 28%. 

Margins and Cash Position 

Higher sales did not lead to better margins. EBITDA margin was 4% in Q2 FY27, down 180 basis points year on year. EBIT margin was negative 0.3%, down 50 basis points from the corresponding quarter last year. 

Profit before tax and exceptional items was at breakeven, against a profit of around ₹200 crore a year earlier. The company attributed margin pressure to commodity costs and foreign exchange movements. 

Free cash flow was ₹825 crore for the quarter and ₹1,945 crore for the first half of FY27. At September-end, the passenger vehicle business had cash of ₹11,000 crore and gross debt of ₹3,100 crore, leaving net cash of ₹7,900 crore. 

Products and Other Developments 

Tata Motors launched the Aeris and introduced the Curvv Series X, Sierra Legend Series and Sierra Dark Edition. It extended Battery-as-a-Service across its electric vehicle range and launched the Osprey in South Africa. 

The company introduced Tata.Cars as its consumer-facing identity and signed an MoU with Stellantis on access to its product technology and vehicle architecture for global products. 

Read More: Adani Energy Solutions Share Price in Focus; Acquires IntelliSmart for ₹3,050 Crore! 

Tata Motors Passenger Vehicles Share Price Performance  

As of November 13, 2026, 3:30 pm, Tata Motors Passenger Vehicles share price was trading at ₹287.40, a 3.31% decrease from the previous closing price. 

Conclusion 

In October, Tata Motors recorded monthly sales of 75,400 units, its highest ever. Sales volumes remained higher, while commodity costs and foreign exchange movements continued to weigh on margins. 

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