TMPV Tata Motors Passenger Vehicles Q1 FY26 results (Apr–Jun 2025) and concall
Q1 FY26 was a challenging quarter for Tata Motors, marked by a decline in group wholesales and revenue, primarily due to external headwinds like US tariffs, dollar weakness, and subdued demand in the PV segment. JLR's profitability was significantly impacted by tariffs and warranty recalls, leading to negative free cash flow. However, the CV business demonstrated resilience with strong margins, and the PV EV segment showed promising recovery in market share and profitability, driven by new launches and lifetime warranty offers.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 12,055 | 12,141 | 12,977 | 11,038 |
| EBITDA | 749 | 644 | 819 | 375 |
| Net profit | 661 | 1,471 | 1,593 | 5,266 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
