Tata Motors Passenger Vehicles Reports 46% Year-on-Year Growth in Q1 FY27 Sales
Tata Motors Passenger Vehicles Ltd. has reported significant growth in its first quarter of fiscal year 2027 (Q1 FY27), driven by robust customer demand and strong performance across both domestic and international markets. The company registered total sales of 182,574 cars and SUVs during the period, marking a 46% increase compared to the 124,809 units sold in Q1 FY26.The overall sales figures demonstrate impressive growth across various business segments. Domestic PV sales reached 180,166, up 45% from 123,839 units reported in Q1 FY26. The International Business (IB) segment showed strong acceleration, with sales climbing by 148% to 2,408 units, compared to 970 units during the previous quarter.
The electric vehicle mobility sector also achieved substantial milestones. Sales combining EV and Domestic PV units totaled 34,467 in Q1 FY27, representing a 112% growth year-on-year from 16,231 units in Q1 FY26.
| Business Units/Segments | Q1 FY27 | Q1 FY26 | Growth |
|---|---|---|---|
| PV Domestic | 180,166 | 123,839 | 45% |
| PV International (IB) | 2,408 | 970 | 148% |
| PV Total (Includes EV) | 182,574 | 124,809 | 46% |
| EV + Domestic | 34,467 | 16,231 | 112% |
Shailesh Chandra, Managing Director and CEO of Tata Motors Passenger Vehicles Ltd., noted that Q1 FY27 established a strong starting point for the company. He stated that the performance was bolstered by robust customer interest and successful product launches. Leadership in electric mobility continued to strengthen during the quarter, with EV volumes doubling, registering 112% growth YoY.
The retail segment also showed encouraging trends, with Vahan registrations rising approximately 40% year-on-year, outpacing industry growth rates. The company highlighted the overwhelming response to new avatars of Tiago and Punch, noting that bookings are surging across powertrain options. This momentum signals the rapid mainstreaming of electric mobility in India.
In addition to Q1 results, the company concluded June with sales totaling 63,083 cars and SUVs, reflecting a robust 69% growth YoY. In terms of EVs specifically, the company achieved its highest monthly sales ever, recording 14,800 units, which nearly tripled volumes from the previous period.
Regarding production capabilities, management acknowledged that supply constraints affected Sierra volumes during the quarter. However, corrective measures are currently being implemented to augment production from select vendors, aiming to accelerate deliveries starting in Q2 onwards. The company expressed confidence in maintaining its growth trajectory through the remainder of the year, citing a strong order book and sustained customer demand.
TMPV Stock Price Movement
Shares of Tata Motors Passenger Vehicles Limited closed in the red today, shedding 1.21% to settle at ₹347.80. The equity traded on a volume exceeding 12 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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