TMPV Tata Motors Passenger Vehicles Q2 FY26 results (Jul–Sep 2025) and concall
Tata Motors Passenger Vehicles Limited (TMPV) reported a challenging Q2 FY26, primarily due to a cyber incident at Jaguar Land Rover (JLR) which led to a PBT loss of ~GBP 485 million and negative FCF of GBP 791 million for JLR. Consolidated PBT was a loss of ~Rs. 5,500 Cr, and net auto debt rose to ~Rs. 20,000 Cr. However, the domestic PV business showed strong recovery with 10% YoY volume growth, record offtakes, and improving EV penetration and profitability, with JLR production now back to capacity.
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What they filed
Q2 FY26: revenue up 7.5%, net profit up 12317.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 12,055 | 12,141 | 12,977 | 11,038 | 12,955 +7% |
| EBITDA | 749 | 644 | 819 | 375 | 507 −32% |
| Net profit | 661 | 1,471 | 1,593 | 5,266 | 82,081 +12318% |
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.
