Tata Motors CV Delivers Strong Q1, Profit Surges 83% on Robust Demand and Higher Volumes

$TMCV reported a strong Q1FY27 performance, with consolidated net profit rising 83% YoY to ₹2,560 crore and revenue increasing 20% to ₹20,576 crore, supported by strong demand from infrastructure, logistics and freight customers. Volumes grew 26% YoY, while EBITDA margin remained healthy at 11.7% despite commodity-cost pressures. Domestic CV market share also improved to 36.8%, and the company's electric CV business gained momentum, with eSCVs reaching a 47% market share in Q1, highlighting improving demand and strengthening its position in the commercial vehicle market.