35% YoY Growth Recorded in PV Sales for February 2026

Mumbai, March 1, 2026: Tata Motors Passenger Vehicles Ltd. reported total passenger vehicle (PV) sales of 63,331 units in February 2026 across domestic and international markets. The company achieved significant year-on-year (YoY) growth compared to 46,811 units sold in February 2025.

The reported numbers include sales from Tata Passenger Electric Mobility Limited, the electric vehicle subsidiary contributing to Tata Motors’ expanding EV portfolio.

Overall, the company registered 35% YoY growth in total passenger vehicle sales, supported by strong domestic demand and rising export volumes.

Year-on-Year (YoY) Sales Performance – February 2026

Tata Motors showed healthy growth across all key business segments. Domestic sales remained the primary contributor, while exports recorded the highest growth percentage.

YoY Sales Comparison Table

Business Units / Segments	Feb’26	Feb’25	Growth / Decline
PV Domestic	62,329	46,435	34%
PV Exports	1,002	376	167%
PV Total (includes EV)	63,331	46,811	35%
EV Export + Domestic	8,385	5,343	57%

YoY Performance Breakdown

Domestic Passenger Vehicle Sales

Domestic PV sales reached 62,329 units, compared to 46,435 units last year, growing 34% YoY. This increase reflects steady customer demand and continued acceptance of Tata’s product lineup across SUV and EV categories.

Export Growth

Exports rose sharply to 1,002 units, compared to 376 units last year. The 167% growth indicates improving international demand and expanding market reach.

Electric Vehicle Segment

Electric vehicle sales, including domestic and exports, stood at 8,385 units, registering 57% YoY growth. EV adoption continues to play a key role in the company’s overall expansion strategy.

Month-on-Month (MoM) Sales Performance – February vs January 2026

While yearly performance remained strong, month-on-month results showed mixed trends due to typical market adjustments after January volumes. Total passenger vehicle sales stood at 63,331 units in February 2026, compared to 71,066 units in January 2026, showing an 11% month-on-month decline. The reduction was mainly driven by lower domestic volumes, while exports partially balanced the overall performance.

MoM Sales Comparison Table

Business Units / Segments	Feb’26	Jan’26	Growth / Decline
PV Domestic	62,329	70,222	-11%
PV Exports	1,002	844	19%
PV Total (includes EV)	63,331	71,066	-11%
EV Export + Domestic	8,385	9,052	-7%

MoM Performance Breakdown

Domestic Passenger Vehicle Sales

Domestic PV sales decreased from 70,222 units in January 2026 to 62,329 units in February 2026, reflecting an 11% decline. This drop follows stronger dispatches recorded in the previous month and indicates demand normalization.

Export Sales Performance

Exports improved from 844 units in January 2026 to 1,002 units in February 2026, registering a 19% month-on-month growth. Rising overseas demand supported export performance during the month.

Electric Vehicle Sales

EV sales, including domestic and exports, declined slightly from 9,052 units in January 2026 to 8,385 units in February 2026, marking a 7% decrease on a monthly basis. Despite this dip, EV volumes remain significantly higher compared to last year.

Overall Market Outlook

February 2026 performance highlights Tata Motors’ steady position in the passenger vehicle market. Strong YoY growth across domestic, export, and electric vehicle segments shows improving customer confidence and growing EV adoption.

Although monthly sales softened slightly compared to January, the company maintained solid volumes above 63,000 units, indicating stable demand conditions.

With continued focus on electric mobility, product innovation, and expanding exports, Tata Motors Passenger Vehicles is expected to sustain growth momentum in the coming months.

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