Core Insights - Tata Motors (CV) reported a revenue from operations of Rs 18,585 crore for the quarter, marking a 6% increase from Rs 17,535 crore in the same quarter of the previous fiscal year [1][8] - The company experienced a consolidated net loss of Rs 867 crore for the second quarter, a significant decline from a net profit of Rs 498 crore in the same quarter last year, primarily due to mark-to-market losses on investments [6][8] Financial Performance - The Profit Before Tax (before exceptional items) for the quarter was reported at Rs 1,700 crore, with a net income of Rs 900 crore [6][8] - EBITDA margins improved to 12.2%, an increase of 150 basis points year-on-year, while EBIT margin rose to 9.8%, up by 200 basis points [6][8] Operational Highlights - Commercial vehicle wholesales reached 96,800 units, reflecting a 12% year-on-year increase, with domestic volumes rising by 9% and exports surging by 75% [3][8] - The company maintained a stable domestic CV VAHAN market share of 35.3% in the first half of FY26 [3][8] Strategic Developments - Tata Motors (CV) passed on the full benefit of GST reductions to customers and introduced new products such as Ace Gold+ Diesel and Winger Plus to meet diverse customer needs [7][8] - A Memorandum of Understanding was signed with Green Energy Mobility Solutions to supply 100 Magna EV intercity coaches, and 1,300 vehicles of Ace Pro EV were billed within four months of its launch [7][8] Future Outlook - The company anticipates continued momentum in the second half of FY26, driven by demand from the construction, infrastructure, and mining sectors [8]