Tata Motors Limited has filed its 2nd Integrated Annual Report for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Limited, pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, dated June 6, 2026, covers the company's comprehensive financial and non-financial performance for the period April 2025 to March 2026, following the successful demerger of the Commercial Vehicles business and its listing on November 12, 2025.

FY26 Consolidated Financial Highlights

The company delivered its highest-ever financial performance in FY26 across key metrics. The following table summarises the key consolidated financial results:

Note: FY25 figures represent the nine-month period ended March 31, 2025, and are not directly comparable to the full-year FY26 figures.

On a standalone basis, revenue from operations (including joint operations) was ₹77,399 crore in FY26. Standalone profit before and after tax (including joint operations) for FY26 was ₹4,982 crore and ₹3,362 crore, respectively. The Board recommended a final dividend of ₹4 per equity share of face value ₹2 each (200%) for FY26, subject to shareholder approval, entailing a cash outflow of ₹1,473 crore, representing a payout of 43.8% of standalone net profit.

Operational Performance and Market Leadership

Tata Motors maintained its leadership position in India's commercial vehicle market across all segments in FY26. Total sales volumes reached 435,227 units (unit wholesale) on a consolidated basis. Key operational highlights are presented below:

The company launched 17 next-generation trucks spanning 7 to 55 tonnes under the Tata Trucks.ev brand, built on the I-MOEV (Intelligent Modular Electric Vehicle) Architecture. Other key launches included the Tata Ace Pro, the Azura Series in the ILMCV segment, and Safety Series trucks compliant with European ECE R29.03 cabin safety norms.

Balance Sheet Strength and Credit Ratings

The company significantly strengthened its balance sheet during FY26. The Tata Motors CV Group became net cash positive at ₹7,433 crore as at the end of FY26, compared to a net debt of ₹4,616 crore at the end of FY25 (excluding investments in Tata Capital). Post inclusion of investments in Tata Capital, the Group reported a net cash position of ₹13,713 crore.

The company has been assigned AA+ ratings with a Stable outlook from CRISIL, ICRA, and CARE Ratings. S&P Global Ratings assigned an Investment Grade rating of 'BBB' with a Stable outlook. The standalone net cash position increased to ₹7,451 crore as at the end of FY26, compared to ₹1,614 crore at the end of FY25.

Strategic Developments: IVECO Acquisition and Smart Mobility

A landmark strategic development during FY26 was the agreement reached on July 30, 2025 with Iveco Group N.V. to create a global commercial vehicles group through an all-cash voluntary tender offer. Key details of the proposed transaction are as follows:

In the Smart Mobility segment, TML Smart City Mobility Solutions cumulatively deployed over 3,800 electric buses across 12+ cities. Since inception, the e-bus fleet clocked more than 53 crore kilometres while consistently maintaining over 95% uptime, contributing to a reduction of over 300k tCO₂ of tailpipe emissions. The FleetEdge telematics platform crossed the milestone of one million connected vehicles.

Sustainability and ESG Performance

The company made significant progress on its sustainability agenda under Project Aalingana during FY26. Renewable electricity accounted for 51% of total electricity consumption across Commercial Vehicle operations, up from 47% in the comparable prior period. The total installed on-site solar PV capacity reached 59.9 MWp. The Lucknow, Dharwad, and Pantnagar manufacturing facilities were certified 'Water Positive' and 'Zero Waste to Landfill' by CII-GBC. ENCON efforts resulted in energy savings of 20.67 lakh kWh of electricity and 7,002 GJ of fuel, avoiding 1,920 tonnes of CO₂ emissions. The company's CSR programmes reached 209,305 beneficiaries across various interventions in FY26.

Annual General Meeting

The 2nd Annual General Meeting of Tata Motors Limited is scheduled for Monday, June 29, 2026 at 10:30 a.m. (IST) through Video Conference/Other Audio-Visual Means. The Record Date for dividend entitlement has been fixed as Friday, June 12, 2026. The Integrated Annual Report including the Notice of the AGM is available on the company's website at https://cv.tatamotors.com/annual-reports .

Tata Motors Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Limited on June 6, 2026. The filing was made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. KPMG Assurance and Consulting Services LLP provided an Independent Reasonable Assurance Opinion Statement on the BRSR Core Indicators, while limited assurance was provided on select BRSR indicators and GRI standards. The report forms an integral part of the company's Integrated Annual Report.

Sustainability Performance

The company reported that renewable electricity accounted for 51% of total electricity consumption in FY26. This share was achieved through onsite solar installations, off-site captive wind farms, and the procurement of off-site wind and solar power through Power Purchase Agreements and International Renewable Energy Certificates. The company has set a target to source 100% renewable electricity across operations by 2030. Additionally, the Dharwad, Pantnagar, and Lucknow manufacturing facilities were certified 'Water Positive' and achieved Zero Waste to Landfill certification by CII-GBC during the period.

Governance and Oversight

The Corporate Social Responsibility and Safety, Health and Sustainability (CSR & SHS) Committee of the Board formulates and recommends the CSR policy and monitors the company's Environment, Social, and Governance performance. The Risk Management Committee supports the Board in directing the risk management process, including sustainability-related risks. Mr. Girish Wagh, Managing Director and Chief Executive Officer, is identified as the highest authority responsible for the implementation and oversight of the Business Responsibility policies.

Stakeholder Engagement and CSR

The company engages with stakeholders including investors, employees, customers, and communities through various platforms. For the financial year under review, CSR spending and activities were undertaken voluntarily. The total turnover for the period was reported at ₹76,112 crore, and the net worth stood at ₹12,700 crore. The company reported 209,305 CSR beneficiaries, with 30% belonging to vulnerable and marginalized groups.