TMPV Tata Motors Passenger Vehicles Q3 FY25 results (Oct–Dec 2024) and concall
Tata Motors delivered a solid Q3 FY25 with broad-based improvement across segments. JLR achieved record Q3 revenue driven by strong Range Rover/Defender mix despite China headwinds. India CV margins improved on cost savings and PLI despite volume softness. PV EV business hit a milestone with positive EBITDA excluding PLI. The demerger is on track and the group hosted a successful Bharat Mobility Global Expo with Sierra, Harrier EV and new Jaguar concept generating excitement.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 |
|---|---|---|
| Revenue | 12,055 | 12,141 |
| EBITDA | 749 | 644 |
| Net profit | 661 | 1,471 |
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.
