Tata Motors Passenger Vehicles reports Q2 net loss of ₹5,531 crore

MUMBAI Tata Motors Passenger Vehicles Ltd (TMPVL) for the second quarter ended September 30, 2026 reported consolidated loss of ₹5,531 crore as compared with net profit of ₹76,170 crore in the year ago period on account of one time exceptional charge of ₹6,738 crore and Jaguar Land Rover (JLR) restructuring. The figures are not comparable because last year the company had exceptional gains due to the demerger of the company.

During the period, the company’s revenue increased to ₹96,340 crore from ₹71,414 crore in the year ago period, up 35% YoY. Also read | Tata Motors reports Q2 net of ₹1,257 crore, Iveco acquisition on track https://www.thehindu.com/business/tata-motors-reports-q2-net-of-1257-crore-iveco-acquisition-on-track/article71616843.ece In the future global geopolitical volatilities, luxury segment demand trends, pace of EV adoption and commodity costs continue to be key monitorable, the company said.

“We will continue to drive industry-beating growth for domestic business whilst improving margins through focused cost reductions and calibrated pricing actions.