Tata Motors PV Sales Surge 22% in Q3 FY26, EV Volumes Jump Nearly 50%

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Representational image. Credit: Canva

Tata Motors Passenger Vehicles Ltd (TMPV) reported a strong performance in the third quarter of FY26, registering total passenger vehicle sales of 171,013 units across domestic and international markets, marking a robust 22.3 per cent growth over 139,829 units sold in Q3 FY25.

According to the company’s latest sales data, domestic passenger vehicle sales stood at 168,616 units in Q3 FY26, up 20.9 per cent year-on-year. International business (IB) volumes witnessed a sharp rise, reaching 2,397 units compared to just 405 units in the same quarter last year, translating into a growth of 491.9 per cent. Total PV sales, including electric vehicles, were reported at 171,013 units.

Electric vehicle (EV) sales continued to be a major growth driver for the company. Combined domestic and international EV volumes rose 49.5 per cent year-on-year to 24,103 units in Q3 FY26, compared to 16,119 units in Q3 FY25. December 2025 alone saw EV sales of 6,906 units, up 24.2 per cent from the previous year.

Commenting on the performance, Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd, said calendar year 2025 marked the fifth consecutive year of record-breaking sales for the company. Tata Motors sold 587,218 passenger vehicles during CY25, including its highest-ever annual EV volumes of 81,125 units.

He noted that the momentum gained after the rollout of GST 2.0 in late Q2 FY26 strengthened further in Q3, resulting in several new milestones. “We achieved our highest-ever quarterly wholesales of over 171,000 units, while retail sales crossed the 200,000-unit mark for the first time,” Chandra said.

Model-wise, the Nexon emerged as a key contributor, becoming India’s top-selling car/SUV in October and November and remaining on track to retain the leadership position in Q3 FY26 with sales of around 64,000 units. Punch continued to dominate its segment, while Tiago recorded strong growth among hatchbacks.

December 2025 was another highlight, with Tata Motors reporting 22 per cent year-on-year growth. Retail sales outpaced wholesales, helping reduce dealer inventory levels to around 18 days, reflecting a demand-led growth approach and improved channel health.

The company’s multi-powertrain strategy also delivered strong results during the quarter. CNG volumes crossed 47,000 units, SUV sales rose 18 per cent year-on-year, and EV adoption accelerated sharply on the back of longer driving range, lifetime battery warranty, enhanced capabilities and price parity with internal combustion engine (ICE) vehicles.

Q3 FY26 also saw key product actions, including the unveiling of petrol variants of Harrier and Safari, along with the launch of the much-anticipated Sierra, which has received an encouraging market response.

Looking ahead, Tata Motors expressed confidence in sustained growth for the passenger vehicle industry. With deliveries of recently introduced models set to begin in Q4 FY26 and a strong pipeline of new launches and innovations, the company said it is well positioned to accelerate its growth momentum in the coming quarters.

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