Tata Motors reported a strong financial performance for the fourth quarter and full year FY26, driven by robust commercial vehicle demand, improved operational efficiency and higher exports. The company’s standalone commercial vehicle revenue for Q4 FY26 rose 22 per cent year-on-year to ₹24,452 crore, while EBITDA increased 35 per cent to ₹3,400 crore with margins improving to 13.9 per cent. Profit before tax stood at ₹2,972 crore, up 58 per cent from the previous year. Profit after tax for the quarter surged 70 per cent to ₹2,400 crore. For the full financial year FY26, Tata Motors posted standalone revenue of ₹77,399 crore, an 11 per cent rise over FY25. EBITDA climbed 22 per cent to ₹10,200 crore, while free cash flow improved to ₹9,186 crore. The company’s domestic business ended the year with a net cash position of ₹7,500 crore. The Board has also recommended a final dividend of ₹4 per share.
The company said commercial vehicle wholesales during FY26 stood at 428,000 units, up 14 per cent, with export volumes rising 54 per cent. Tata Motors also launched 17 next-generation trucks and secured a major order of 70,000 vehicles from Indonesia. Managing Director and CEO Girish Wagh said the commercial vehicle industry crossed pre-FY19 volume levels due to GST reforms and infrastructure spending. CFO GV Ramanan said strong cash flows and operational discipline helped the company exceed its long-term financial targets.
In Kolkata, the improved performance of Tata Motors is expected to strengthen commercial vehicle demand in eastern India, particularly in the construction, transport and small business segments. Industry observers noted that the launch of affordable mini-trucks and new-generation heavy vehicles could further boost sales momentum in the Kolkata market and nearby eastern corridor states.