- Tata Motors CV has won a deal to supply 70,000 vehicles in Indonesia
- The supply includes 35,000 Yodha pick-up trucks and 35,000 Ultra T.7 trucks
- The deal follows Tata Motors' Q3 profit drop due to one-time expenses
The shares of Tata Motors CV will be in focus heading into Wednesday's trade after confirming a deal win in Indonesia that involves the supply of 70,000 vehicles.
The deal, which was won by Tata Motors' wholly-owned subsidiary, Tata Motors Distribusi Indonesia, will see the Indian automaker support agricultural and rural logistics, including farm-to-market transportation, by supplying 70,000 vehicles, the company confirmed in an exchange filing on Tuesday.
The 70,000 units will be divided equally between Yodha, a pick-up truck and the Ultra T.7 truck, meaning the company will supply 35,000 units each for these two variants.
The vehicles will be delivered to PT Agrinas Pangan Nusantara, an Indonesian state-owned enterprise and will be a part of the country's efforts to strengthen rural connectivity through projects Koperasi Desa and Kelurahan Merah Putih.
Engineered for operating in diverse and demanding conditions, Tata Motors' trucks and pick-ups will lower logistics costs and enable efficient movement of goods across Indonesia, the company said.
“This order reflects the continued acceptance of Indian commercial vehicles in international markets and the confidence of customers in their ability to operate reliably across diverse conditions. The Tata Yodha and the Ultra T.7 are designed for sustained performance, high uptime and efficient operating economics," said Asif Shamim, Director of PT Pata Motors Distribusi Indonesia.
The development comes less than two weeks after the company reports its third-quarter earnings for the financial year ending March 2026, where profit tumbled as much as 48% due to a series of one-time expenses ranging from new labour codes to demerger costs.
READ MORE: Tata Motors CV Q3 Result Review: Brokerages Cut Target Price, But There's A Catch
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