Tata Motors Limited has informed the Exchange about Tata Motors SIAM Report April to June 2025.
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Tata Motors has filed its quarterly SIAM report covering production, domestic sales and exports for Q1 FY26 (April-June 2025), with unaudited figures. Passenger vehicle domestic sales of key models declined year-on-year: Nexon and Punch volumes fell to 76,230 units (from 91,036), while Tiago/Altroz sales dropped to 32,801 (from 37,578). The newly launched Curvv contributed 8,272 domestic units, partly offsetting the decline. In commercial vehicles, the small commercial (Ace) segment saw domestic sales slip to 15,580 units from 19,642, and the MHCV tipper categories were mixed. Exports were a positive spot, with UVC (Nexon, Punch) exports rising sharply to 320 units from just 3, and small commercial exports nearly doubling. Overall, the data points to continued pressure in passenger vehicles and light commercial vehicles domestically, with exports providing some support.
Weakness in core passenger vehicle and Ace volumes could pressure Q1 FY26 revenue and margins, though the Curvv ramp-up and improving exports offer partial offsets. Investors should watch management commentary on demand trends and competitive pricing pressure, especially in the SUV segment.