Tata Motors Limited (formerly TML Commercial Vehicles Limited) Wednesday reported a 69.6% year-on-year rise in standalone net profit to Rs 2,406 crore for the March quarter of FY26, driven by strong growth in its commercial vehicles (CV) business. The company had posted a profit of Rs 1,419 crore in the corresponding quarter last year. Revenue from operations during the quarter rose 22.3% year-on-year to Rs 24,452 crore, compared to Rs 19,999 crore in Q4 FY25. Sequentially, revenue was up nearly 20% from Rs 20,404 crore reported in the December quarter. Ebitda for the quarter increased 35% to Rs 3,400 crore, while Ebitda margins improved 130 basis points year-on-year to 13.9%. The company also outperformed Bloomberg estimates, which had pegged revenue at Rs 23,971 crore and net profit at Rs 2,056 crore.