Tata Motors Passenger Vehicles Q3 Results: Net Loss ₹34.86B, Revenue ₹701.08B

Tata Motors Passenger Vehicles has announced its Q3 results, reflecting a mixed performance. Consolidated revenue from operations stood at ₹701.08 billion, while the company posted a net loss of ₹34.86 billion, largely due to a one-time charge of ₹15.97 billion.

The company emphasized that its JLR business is well-positioned for significantly improved performance in Q4, led by normalization of volumes. Tata Motors also reaffirmed its FY26 guidance, projecting EBIT margins in the range of 2% and free cash outflow between £2.2 billion and £2.5 billion. Investment spend is expected to remain at £18 billion over the five-year period from FY24.

Looking ahead, Tata Motors Passenger Vehicles highlighted its strong positioning to accelerate growth in FY27, supported by strategic investments and operational efficiency.

Key Highlights

• Revenue: ₹701.08 billion in Q3.
• Net Loss: ₹34.86 billion, impacted by ₹15.97 billion one-time charge.
• JLR Outlook: Significant improvement expected in Q4 with normalized volumes.
• FY26 Guidance: EBIT margin 2%; free cash outflow £2.2–£2.5 billion.
• Investment Spend: £18 billion over FY24–FY29.
• Growth Trajectory: Passenger Vehicles poised for acceleration in FY27.

Tata Motors’ results reflect short-term challenges but underline confidence in long-term growth and profitability.

Sources: Company announcement, Reuters, Business Standard