Kamal Ghorui
Commercial vehicle maker Tata Motors Ltd on Wednesday reported a 33.8 per cent rise in consolidated net profit at Rs 1,793 crore for the fourth quarter ended March 31, 2026, driven by strong volume growth.The company had posted a consolidated net profit of Rs 1,340 crore in the corresponding quarter of the previous financial year, Tata Motors said in a regulatory filing, as reported PTI.Total revenue from operations in the January-March quarter rose to Rs 26,098 crore from Rs 21,863 crore in the year-ago period.Vehicle wholesales during the quarter stood at 1.32 lakh units, up 25 per cent year-on-year.Total expenses in the quarter under review stood at Rs 24,134 crore.For FY26, consolidated net profit stood at Rs 3,030 crore compared with Rs 3,195 crore in FY25. The company said annual profit was impacted by exceptional items related to the new labour code and demerger-related costs.Total revenue from operations for FY26 increased to Rs 83,855 crore from Rs 58,217 crore in the previous financial year.For the full 2025-26 fiscal, total wholesales stood at 4.28 lakh units, up 14 per cent year-on-year.Commenting on the performance, Tata Motors MD and CEO Girish Wagh said FY26 marked a “clear inflection point” for the commercial vehicles industry, with volumes surpassing the pre-FY19 peak, supported by GST 2.0 reforms and sustained infrastructure spending.“For Tata Motors Commercial Vehicles, FY26 was a landmark year as we delivered milestones of revenues and profits and reinforced industry leadership and strengthened our market position,” he said.Wagh said the underlying demand fundamentals remain resilient despite geopolitical uncertainties signalling some moderation in the near term.“With strong business fundamentals, proactive risk mitigation, disciplined execution and a refreshed portfolio offering industry-leading TCO (total cost of ownership) and smart digital solutions, we remain agile and well positioned to sustain momentum through customer-centric solutions to create long-term stakeholder value,” he added.The company’s board has recommended a final dividend of Rs 4 per fully paid-up ordinary share of Rs 2 each for FY26, subject to shareholders’ approval.
