Tata Motors reports Q2 net of ₹1,257 crore, Iveco acquisition on track
Tata Motors reported a consolidated net profit of ₹1,257 crore for Q2 FY27, marking a significant turnaround from the previous year's loss. The company is proceeding with its acquisition of Iveco, having increased its offer price to account for regulatory delays.
Why it matters
The successful acquisition and strong financial performance signal growth for the Indian commercial vehicle sector and Tata's global expansion strategy.
Tata Motors reports Q2 net of ₹1,257 crore, Iveco acquisition on track MUMBAI Tata Motors Ltd, the commercial vehicles company of the Tata Group, for the second quarter ended September 30, 2026 reported consolidated net profit of ₹1,257 crore as compared with net loss of ₹867 crore in the year ago period. The turnaround was led by lower mark-to-market loss on investments in Tata Capital Ltd., the company said. Consolidated revenue grew 36% to ₹25,232 crore. The company said it was going ahead with Iveco acquisition as planned and had increased the offer price to €14.4, up €30 cents, to compensate shareholders due to the four month delay in getting regulatory approvals for the deal. “Following receipt of all regulatory approvals, the tender offer has commenced and will remain open for acceptance until 26 October 2026.
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