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Tata Nexon and Punch finished as the no. 1 and no. 3 best-selling PVs respectively; secured the no. 2 overall market position in H2 FY26 sales
A total of 92,000 electric vehicles in a single financial year with a 43 per cent jump over FY25 and the highest annual EV volume recorded have been some of the highlights of Tata Motors in FY26. The EV Vahan market share held at 40.2 per cent through the year while EV penetration within Tata’s own sales mix reached 14 per cent. The overall zero-emission vehicle sales crossed 2,50,000 cumulative sales for the brand.
The Nexon and Punch finished as the number one and number three best-selling passenger vehicles in India in H2 FY26 respectively and the company secured the number two overall market position in the second half of the year. Its total annual volumes crossed 6.4 lakh units – 15 per cent ahead of FY25 with Vahan market share at 13.6 per cent overall rising to 14.2 per cent in Q4 FY26.
It is worth noting that the company’s CNG powertrains contributed 27 per cent to the annual mix. Revenue reached Rs 18,700 crore in the final quarter of last FY – up 49 per cent year-on-year as volumes hit 2,01,800 units – the highest quarterly figure in the company’s history. EBITDA margin expanded 150 basis points to 9.4 per cent while EBIT margin jumped 310 basis points to 4.7 per cent.
Also Read: Tata Motors Giving Offers Of Up To Rs. 2.15 Lakh On EVs In May

The new Sierra contributed around 30,000 units in Q4 alone – a strong opening quarter for a nameplate that carries significant emotional weight for the brand. The full year revenue came in at Rs 58,500 crore – up 20.7 per cent year-on-year while EBITDA margin held steady at 6.9 per cent and EBIT margin improved 50 basis points to 1.4 per cent.
The product actions through FY26 were wide ranging – the all-new Sierra was launched retaining its heritage while the Harrier and Safari received petrol powertrains for the first time through the new 1.5-litre turbo GDi engine; the Punch was comprehensively updated; the Harrier EV arrived as the brand’s most capable electric SUV and the Punch EV was refreshed.
Also Read: Tata April 2026 Sales Analysis – Punch, Nexon, Sierra, Harrier, Altroz, Tiago

Tata also re-entered the South African market during the year. The domestic balance sheet ended FY26 with net cash of Rs 6,700 crore – Rs 9,600 crore in cash against Rs 2,900 crore in gross debt. The free cash flow from the domestic PV and EV business stood at Rs 1,700 crore in Q4 FY26. A new manufacturing facility at Panapakkam has been announced and Tata expects demand to remain led by SUVs, CNG and EVs amidst geopolitical developments and commodity costs the key risks being tracked on the supply side.
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