Tata Motors Limited reported total sales of 2,52,642 units in the domestic and international markets for Q4 FY25, reflecting a decline compared to 2,65,090 units sold during Q4 FY24.
The total domestic sales for March 2025 stood at 90,500 units, remaining nearly unchanged from 90,822 units recorded in March 2024. However, for Q4 FY25, domestic sales declined by 5% to 2,45,891 units compared to 2,59,932 units in Q4 FY24.
On an annual basis, Tata Motors’ total domestic sales for FY25 stood at 9,12,155 units, marking a 4% decline from 9,49,015 units recorded in FY24.
The domestic commercial vehicle (CV) segment witnessed a decline in March 2025, with total sales falling by 3% to 41,122 units from 42,262 units in March 2024. For Q4 FY25, domestic CV sales stood at 1,05,643 units, down 3% from 1,09,439 units in Q4 FY24. The overall CV sales for FY25 dropped by 5%, with sales totaling 3,76,903 units compared to 3,95,845 units in FY24.
The medium and heavy commercial vehicle (MH&ICV) segment showed some growth in March 2025, with domestic sales rising to 20,474 units from 19,976 units in March 2024. For Q4 FY25, domestic MH&ICV sales reached 51,551 units, slightly higher than the 50,643 units reported in Q4 FY24. Including international business, total MH&ICV sales in March 2025 stood at 21,226 units compared to 20,551 units in March 2024, while Q4 FY25 sales rose to 53,995 units from 52,186 units in Q4 FY24.
Tata Motors’ domestic passenger vehicle (PV) sales in March 2025 increased by 3% to 51,616 units from 50,110 units in March 2024. However, for Q4 FY25, domestic PV sales fell by 6% to 1,46,127 units, down from 1,55,010 units recorded in Q4 FY24. On an annual basis, total domestic PV sales stood at 5,53,585 units in FY25, reflecting a 3% decline from 5,70,955 units in FY24.
The international business (IB) PV sales saw significant growth in March 2025, increasing by 37% to 256 units from 187 units in March 2024. For Q4 FY25, IB PV sales rose by 36% to 872 units compared to 641 units in Q4 FY24. On a full-year basis, IB PV sales increased by 5% to 2,678 units in FY25 from 2,540 units in FY24.
Including electric vehicles (EVs), Tata Motors’ total PV sales in March 2025 reached 51,872 units, marking a 3% year-on-year increase. However, total PV sales for Q4 FY25 declined by 6% to 1,46,999 units from 1,55,651 units in Q4 FY24. On an annual basis, PV sales fell by 3%, with FY25 total sales amounting to 5,56,263 units compared to 5,73,495 units in FY24.
The EV segment experienced a notable decline in both domestic and international markets. In March 2025, total EV sales dropped by 21% to 5,353 units from 6,738 units in March 2024. For Q4 FY25, EV sales fell by 23% to 15,936 units from 20,640 units in Q4 FY24. On an annual basis, total EV sales stood at 64,276 units in FY25, marking a 13% decrease from 73,833 units in FY24.
The Managing Director of Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, Mr Shailesh Chandra, said, “Passenger vehicle sales is expected to reach 4.3 million units in FY25, reflecting a modest 2% growth. SUVs continued to dominate the market with double-digit growth and accounted for ~55% of new car sales. Preference for emission-friendly CNG vehicles surged by ~35%, and EVs showed renewed promise, with more industry participants enhancing customer choices and strengthening the ecosystem.”
He further added, “Amidst a challenging year marked by fluctuating demand, Tata Motors Passenger Vehicles achieved wholesales of 5,56,263 units, including 64,726 units of EVs. We led the industry in SUV growth and outpaced it in CNG sales, recording over 50% YoY growth. Across various segments of the PV industry, Punch emerged as the top choice for private buyers to become India’s No. 1 SUV in FY25. Our latest launches and updates—Curvv, Nexon CNG, and Tiago—received an enthusiastic response, resonating strongly with customers. We achieved two key milestones in FY25, as we surpassed 6 million cumulative sales for PVs, and 2,00,000 cumulative sales for EVs.”
“Looking ahead, overall demand growth will be shaped by macroeconomic factors such as consumption growth, inflation, infrastructure spending and global geopolitics. However, industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. SUVs, CNG, and EVs will remain key growth drivers, fueling the industry’s expansion. With a strategically aligned product portfolio, supported by new nameplate launches and our multi-powertrain strategy, Tata Motors is well positioned to seize market opportunities and sustain its momentum,” stated Mr Shailesh Chandra.
On April 2, 2025, Tata Motors share price opened at ₹674.95, up from its previous close of ₹671.85. At 9:35 AM, the share price of Tata Motors was trading at ₹667.90, down by 0.59% on the NSE.
Tata Motors’ overall sales performance in Q4 FY25 showed a decline in both domestic and international markets, primarily driven by lower commercial vehicle and electric vehicle sales. While the passenger vehicle segment demonstrated growth in March 2025, the quarterly and annual performance showed a decline.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 2, 2025, 9:38 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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