Homegrown auto major Tata Motors on Monday reported an almost three-fold increase in consolidated net profit to Rs 4,804.80 crore (Rs 48.04 billion), driven by its British arm Jaguar Land Rover.
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The company had posted a consolidated profit of Rs 2,313.87 crore (Rs 23.13 billion) in the same quarter last fiscal, Tata Motors said in a statement.
Tata Motors shares fall 2%; m-cap erodes by Rs 5,521 cr.
Company says that this is a long-term plan as it continues to evaluate options.
India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.
Fuel prices have risen by about Rs 7.5 per litre since May 15, as global crude oil prices surged due to the ongoing conflict in West Asia and supply concerns around the Strait of Hormuz.
Tata Motors Passenger Vehicles (TMPV) on Friday reported a 13 per cent year-on-year (Y-o-Y) decline in consolidated revenue from operations for the second quarter of 2025-26 (Q2FY26), largely due to the cyberattack on its subsidiary Jaguar Land Rover (JLR) in late August that forced a shutdown of its manufacturing operations for over five weeks.
Other losers included Vedanta, Tata Steel, NTPC, ONGC, L&T, M&M, Coal India, Maruti, PowerGrid, Axis Bank, ITC and HDFC, dropping up to 5.75 per cent. On the other hand, Kotak Bank, Bharti Airtel, HCL Tech, Bajaj Finance and Hero MotoCorp rose up to 0.95 per cent.
Ravi Kant, who joined the company in July 2000 as executive director (commercial vehicle business unit), was appointed as managing director on July 29, 2005.
Prime Minister Narendra Modi on Saturday visited a Tata Motors-owned Jaguar Land Rover factory in the West Midlands region of England that is known as the flagship Indian investment in the UK.
MSI said compact sedan Dzire Tour stood out as sales rose by over two-fold during the month under review to 3,370 units as against 1,299 in July 2014.
The company also reported a consolidated total income of Rs 92,519.25 crore (Rs 925.19 billion) during the fiscal against a consolidated total income of Rs 70,880.95 crore (708.8 billion) in 2008-09, the company said in a filing to the BSE on Thursday.
Tata Motors, India's largest commercial vehicle maker, is in the process of raising Rs 5,000 crore through a bond issue to refinance the remaining $ 2 billion (Rs 10,000 crore) bridge loan it took to acquire Jaguar and Land Rover.
The National Stock Exchange (NSE) is set to launch India's largest initial public offering (IPO), estimated at Rs 30,000 crore. This mega public issue will surpass previous records held by Hyundai Motor India and Life Insurance Corporation of India (LIC), marking a significant event in the Indian stock market. The move comes as India's primary market shows signs of recovery after a period of slowdown.
Tata Motors, which is announcing its results January 30, is likely to end 2008-09 with around Rs 500 crore (Rs 5 billion) less cash mainly because sales of commercial vehicles, which account for about 60 per cent of its revenues, have dropped sharply.
The Supreme Court has issued notices to 23 states and three UTs on a petition by Tata Motors seeking quashing of the Central Sales Tax Appellate Authority's decision asking it to pay Central Sales Tax to the tune of around Rs 14 crore (Rs 1 40 million) on sale of bus chassis to the Andhra Pradesh government.
The 1.5-litre Hyperion petrol engine masterfully blends everyday driving with a sophisticated, tech-laden interior that elevates the entire experience.
In a statement issued on Friday, the company said the Lucknow plant will see a block closure from November 10-15 to adjust production to demand. There will be no wage cut for employees during this period and the off days will be counted as paid leave, a company spokesperson said.
UK-based JLR posted 16 per cent growth in retail sales in the past year, highest in the luxury car segment globally, on the back of launches, output ramp-up and better reach in world markets.
Leading carmakers Maruti Suzuki and Hyundai witnessed a double-digit drop in sales in October on account of the global semiconductor shortage impacting production. Kia India, Honda Cars and MG Motor also saw a fall in dispatches last month as compared with October 2020. However, companies like Tata Motors, Mahindra, Nissan and Skoda managed to post positive numbers last month despite the supply chain challenges.
Tata Motors' commercial-vehicle (CV) business reported a 48 per cent year-on-year decline in net profit to Rs 705 crore in Q3FY26, even as profit before tax (PBT) rose 65 per cent to Rs 2,568 crore.
Tata Motors is giving a much stronger focus on the design of its cars, from planning product life cycle in a better way to incorporating subtle Indian elements to its future models.
The apex court feels that the Tatas cannot say that they still have interest inland acquisition, as they have moved its car plant out of West Bangal.
At a time when others car makers are planning price hikes, Tata Motors on Saturday announced discounts and freebies worth up to Rs 1.5 lakh on purchase ofdifferent models which are valid till the end of this month.
The compact sedan Zest competes with the established brands like Maruti D'zire, Honda Amaze and Hyundai Xcent.
The company aims to be No. 1 domestic car maker.
Refreshed Tata Indigo eCS and facelifted Tata Sumo Gold are also expected to be unveiled.
Passenger vehicle sales in India could hit a record of over 38 lakh units in FY23 but the strong growth momentum is not expected to carry over to 2023-24 with pent-up demand already been released, according to Tata Motors Passenger Vehicles managing director Shailesh Chandra.
The National Consumer Disputes Redressal Commission gave the order on a plea by Tata Motors challenging the verdict of Himachal Pradesh State Consumer Commission which had held the truck to be defective and had asked it to refund the cost of the vehicle or replace it.
The engine 'is set for a revolution that will change the face of the Indian automobile industry', the company claims.
When it comes to the "all-new" Tata Altroz unveiled on Thursday, one might wonder if it's truly a complete overhaul or just a refreshed take on the familiar.
Network scale seen as central to tapping smaller markets.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
In October, small car wholesales of the auto industry -- excluding Tata Motors -- went up by 8.4 per cent Y-o-Y to 116,601 units, the data showed. However, the utility vehicle (UV) segment which includes sports utility vehicles (SUVs) as well as multi-purpose vehicles (MPVs), saw a bigger growth in October.
Hatchback and compact sedan to be unveiled at Auto Expo will have new DNA.
The country's top automaker in terms of revenue plans to launch a total of 50 products in the CV segment during 2018-19.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
Leading automakers Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and Hyundai Motor India posted higher sales in January riding on the growth momentum ushered in by the GST reforms in the festive period last year.
Tata dealers have begun clearing existing inventory by offering sizable discounts on the hatchback.
