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Tata Motors reports net loss of ₹867 crore in Q2 FY26


Tata Motors Ltd (formerly TML Commercial Vehicles Ltd.) which got listed on Wednesday after a demerger, for the second quarter ended September 30, 2025 reported net loss of ₹867 crore on account of mark-to-market losses on the recently listed Tata Capital investments, the company said in a filing.

 The consolidated revenue grew 6% YoY to ₹18,491 crore. During the quarter the company reported 12% YoY growth in volumes.  

Girish Wagh, MD & CEO, Tata Motors Ltd said,” Our financial results underscore a resilient performance, driven by a sound and agile business strategy. After a subdued start, the rollout of GST 2.0 and the onset of the festive season catalyzed a surge in demand across segments.”

“We recorded a 12% year-on-year volume growth, led by enhanced product availability, a refined pricing strategy, and intensified market activations. Looking ahead to H2 FY26, we anticipate continued momentum from key demand drivers—construction, infrastructure, and mining. These sectors are poised to fuel growth, and our focus will remain on driving sustainable performance and shaping the future of mobility, ” he added.

  



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