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3 min read | Updated on March 17, 2026, 09:28 IST
SUMMARY
Tata Motors share price: The company added that the price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs. The increase will vary depending on the model and variant.
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Last week, Tata Motors said it has bagged supply orders for over 5,000 buses and chassis from multiple state transport undertakings across the country. | Image: Shutterstock
The price increase is being undertaken to partially offset the impact of rising commodity prices and other input costs. The increase will vary depending on the model and variant.
Last week, Tata Motors said it has bagged supply orders for over 5,000 buses and chassis from multiple state transport undertakings across the country.
The cumulative orders span a wide range of the company's passenger mobility solutions, including Magna, Cityride, Starbus, and Starbus Prime, among others, Tata Motors said.
These new orders have been secured from the state corporations of Maharashtra, Gujarat, Bihar, Rajasthan, Kerala, Haryana, and Telangana, as well as the North Western Karnataka Road Transport Corporation and Chandigarh Transport Undertaking.
Each tender was awarded through a competitive e-bidding process under the government's procurement system, with deployments scheduled in phases, as agreed with the respective state transport undertakings, it said.
These buses and bus chassis are configured for intercity, long-haul, and intracity operations. They are designed to deliver reliable performance, passenger comfort, and efficient operating economics across varied duty cycles, Tata Motors said.
"With strong product engineering and a lifecycle support ecosystem built around customer uptime, we continue to enable STUs to serve millions of passengers every day. These cumulative orders strengthen our position as the country's preferred mobility partner and reinforce our commitment to shaping India's public transport of tomorrow," said Anand S, vice president and head of commercial passenger vehicle business at Tata Motors Ltd.
Tata Motors reported a 32% increase in total commercial vehicle sales at 42,940 units in February as compared to 32,533 units in the same month last year.
Domestic sales were at 40,893 units last month as against 30,797 units in the year-ago period, up 32.8%, Tata Motors said in a statement.
Sales in international business stood at 2,047 units as compared to 1,736 units in February 2025, a growth of 17.9%, it added.
Tata Motors said its consolidated net profit declined 48% to ₹705 crore for the third quarter ended December 2025, hit by one-time provisions for the new labour code and the demerger process.
The commercial vehicle maker had reported a net profit of ₹1,355 crore in the October-December quarter of the last year.
Its total revenue from operations stood at ₹21,847 crore for the third quarter against ₹18,819 crore in the year-ago period, Tata Motors said in a statement.
The company stated that exceptional items during the quarter included the impact of the new labour code (₹603 crore), demerger (₹962 crore), and acquisition cost (₹82 crore).
The impact of these and other items stood at ₹1,600 crore in the consolidated financials, it added.
"Disciplined execution of an agile strategy delivered yet another strong financial performance this quarter, supported by demand tailwinds from GST 2.0 and the festive season," Tata Motors MD and CEO Girish Wagh said.
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