Tata Motors reports 5 pc increase in total sales in July-Sep quarter

NE BUSINESS BUREAU

MUMBAI, OCT 1

Tata Motors on Thursday reported a 5.09 per cent increase in total sales to 1,10,379 units in the second quarter of the current fiscal.

The company had sold a total of 1,05,031units in the same period last fiscal, Tata Motors said in a statement.

Total domestic sales were up 13 percent to 1,06,888 units from 94,454 units in the July-September period last year, it added.

Passenger vehicle sales in the domestic market during the period under review stood at 54,794 units as against 25,898 units in the same quarter last fiscal, over a two-fold increase.

“Passenger vehicle industry witnessed a recovery in Q2FY21, supported by festive sales in some regions and continued benefit from pent-up demand across the country. In September 2020, wholesales were higher than retail ahead of the festive season,” Tata Motors President Passenger Vehicles Business Unit Shailesh Chandra said.

Despite challenges owing to rising COVID-19 cases across the country, the supply-side has been progressively improving, he noted.

Total commercial vehicle sales of the auto major during the second quarter stood at 52,094 units, down 24 percent from 68,556 units in the same period of 2019-20 fiscal.

Category	Sept ‘20		Sept ‘19		% Change		Q2 FY21		Q2 FY20		% Change
Total Domestic Sales	44,444		32,376		37%		1,06,888		94,454		13%
Category		Sept ‘20		Sept ‘19		% change		Q2 FY21		Q2 FY20		% Change
M&HCV		4,606		5,082		-9%		9,137		15,887		-43%
I & LCV		3,339		3,528		-5%		6,829		9,847		-31%
Passenger Carriers		778		2,159		-64%		1,949		7,293		-73%
SCV cargo and pickup		14,522		13,510		7%		34,179		35,529		-4%
Total Domestic		23,245		24,279		-4%		52,094		68,556		-24%
CV Exports		1,665		3,800		-56%		3,393		10,046		-66%
Total CV		24,910		28,079		-11%		55,487		78,602		-29%

Category	Sept ‘20	Sept ‘19	% Change	Q2 FY21	Q2 FY20	% Change
Total PV	21,199	8,097	163%	54,794	25,898	112%