Tata Motors eyes new markets to boost Q2 demand

Tata Motors aims to expand into new markets and tackle supply chain issues in order to boost demand in the second quarter. The automaker is responding to steady industry demand and the impact of the ongoing conflict in the Middle East. Tata Motors reported an 8.3% year-on-year increase in quarterly profit to Rs 1,528 crore in the April-June quarter, driven by a 23.3% rise in revenue from operations to Rs 19,329 crore.

Commercial vehicle demand remained strong, supported by higher freight availability, infrastructure activity, and growth in e-commerce-led logistics. Domestic volumes increased by 26% compared to the previous year, indicating that higher fuel costs have not significantly dampened demand. The results were released shortly after Tata Sons Chairman N Chandrasekaran announced his intention not to seek reappointment at the conclusion of his term, amid concerns about insufficient support from the holding company's board.

The proposed Iveco transaction with Iveco is nearly finalized, with regulatory approvals expected by the end of August 2026, and a tender offer slated for early September.