Tata Motors Limited — Updates, 01-05-2025: Press Release

Tata Motors has announced a board meeting on the financial results for the quarter and half-year. April sales fell 6% YoY to 72,753 units, with commercial vehicles down 8%, dragged by a 23% drop in small commercial vehicles. However, ILMCV trucks and passenger carriers saw growth of 8% and 4%, respectively. Passenger vehicle sales declined 5%, and electric vehicle sales dropped 16% YoY. Strong export growth in both commercial and passenger vehicles partially offset domestic weakness.