Tata Motors Passenger Vehicles Ltd

Revenue from operations fell 25.81% YoY to Rs 69,605 crore during the quarter. The performance continued to be impacted significantly by the cyber incident at JLR, as indicated earlier. The company reported a loss before exceptional items and tax of Rs 3,483 crore in Q3 FY26, compared with a profit before exceptional items and tax of Rs 6,106 crore posted in Q3 FY25. Exceptional items totaled Rs 1,597 crore, comprising labour code charges of Rs 427 crore, employee separation costs of Rs 80 crore, supplier claim and cyber-related expenses of Rs 778 crore, and demerger-related expenses of Rs 421 crore. These were partly offset by a gain of Rs 109 crore from the reversal of restructuring costs. Jaguar Land Rover (JLR) revenue stood at euro 4.5 billion, down 39.4%YoY. Volumes impacted following the cyber incident and the time taken thereafter to distribute vehicles globally, as vehicle production returned to normal levels by mid-November. Volumes were also affected by the planned wind -down of legacy Jaguar models ahead of new Jaguar launch, a deterioration of market conditions in China, and ongoing incremental US tariffs impacting JLR's US exports. Looking ahead, the company said JLR remains resilient and well placed to address the economic, geopolitical and policy challenges the industry faces. Investment spend is expected to remain at euro 18 billion over the five-year period from FY24. In light of the challenges faced, FY26 guidance is reaffirmed, with EBIT margin of 0% to 2% and free cash outflow of euro 2.2 billion to 2.5 billion. PB Balaji, chief executive officer, said: 'Q3 was a challenging quarter for JLR with performance impacted by the production shutdown we initiated in response to the cyber incident, the planned wind down of legacy Jaguar, and US tariffs. Thanks to the commitment of our dedicated teams, we returned vehicle production to normal levels by mid-November, and we are focused on building our business back stronger. While the external environment remains volatile, we expect performance to improve significantly in the fourth quarter and we have clear plans to manage global challenges. We have a resilient business and remain focused on transformation. 2026 is set to be an exciting year for JLR as we develop our next generation vehicles, including the launch of Range Rover Electric and the unveiling of the first new Jaguar.' Meanwhile, revenue from Tata Passenger Vehicles jumped 24% YoY to Rs 15,317 crore during the quarter. Passenger vehicles (PV) and Electric Vehicle (EV) volumes during the quarter were at 1,71,000 units (up 22% YoY) driven by impact of reduction in GST rates and robust performance of products. Looking ahead, the company remains confident about the PV industry's growth, supported by positive demand momentum following GST 2.0. With deliveries from recent launches commencing in Q4 and a strong pipeline of upcoming models, Tata Motors PV is well poised to accelerate its growth trajectory in FY27. Shailesh Chandra, managing director & CEO, Tata Motors Passenger Vehicles said: 'In Q3 FY26, we recorded our highest-ever quarterly wholesales at 171k units, while retail sales crossed the 200k mark for the first time, driven by strong demand tailwinds from GST 2.0 and a robust festive season. With strengthened value proposition for our products, we witnessed robust demand during the quarter, with Nexon emerging as the highest-selling model in India in Q3, while Punch also saw enhanced volumes.' Tata Motors Passenger Vehicles (formerly Tata Motors), part of the $180 billion Tata Group, is one of India's leading automobile manufacturers, offering a diverse portfolio of cars and SUVs renowned for their design, safety, and performance. Powered by Capital Market - Live

Net loss of Tata Motors Passenger Vehicles reported to Rs 3486.00 crore in the quarter ended December 2025 as against net profit of Rs 5406.00 crore during the previous quarter ended December 2024. Sales declined 25.81% to Rs 69605.00 crore in the quarter ended December 2025 as against Rs 93823.00 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales69605.0093823.00 -26 OPM %1.2611.09 - PBDT1833.0010968.00 -83 PBT-3136.006105.00 PL NP-3486.005406.00 PL Powered by Capital Market - Live

Tata Motors Passenger Vehicles sales in the domestic & international market for January 2026 stood at 71,066 units, compared to 48,316 units during January 2025, recording a growth of 47.1%. Total sales comprise of domestic sales of 70,222 units (up 46.1% YoY). The company's EV sales rose 72.7% to 9,052 units during the month. Powered by Capital Market - Live

 Tata Motors Passenger Vehicles announced that NSE Sustainability Ratings & Analytics has reaffirmed the overall Environmental, Social and Governance ('ESG') Rating of 71 under the category 'Aspiring', based on disclosures of FY 2024-25. Powered by Capital Market - Live

Tata Motors Passenger Vehicles will hold a meeting of the Board of Directors of the Company on 5 February 2026.Powered by Capital Market - Live

Tata Motors Passenger Vehicles Ltd fell for a fifth straight session today. The stock is quoting at Rs 350.3, down 1.09% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25705.2. The Sensex is at 83596.42, up 0.02%.Tata Motors Passenger Vehicles Ltd has gained around 0.91% in last one month.Meanwhile, Nifty Auto index of which Tata Motors Passenger Vehicles Ltd is a constituent, has increased around 1.07% in last one month and is currently quoting at 28087.65, down 0.8% on the day. The volume in the stock stood at 62.75 lakh shares today, compared to the daily average of 134.36 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 350.8, down 1.14% on the day. Tata Motors Passenger Vehicles Ltd tumbled 22.95% in last one year as compared to a 11.35% rally in NIFTY and a 24.49% spurt in the Nifty Auto index.The PE of the stock is 19.71 based on TTM earnings ending September 25.Powered by Capital Market - Live

Tata Motors Passenger Vehicles announced that TP Paarthav (TPPL) has ceased to be an associate of the company with effect from 08 January 2025. Earlier in September 2025, the company had intimated execution of Share Subscription and Shareholders' Agreement with Tata Power Renewable Energy to acquire 26% equity stake in TPPL, a special purpose vehicle (SPV). In terms of the actual investment in the aforesaid SPV and in terms of the Composite Scheme of Arrangement as sanctioned by the Hon'ble National Company Law Tribunal, the stake of Tata Motors Passenger Vehicles in TPPL stands reduced to 12.89%.Powered by Capital Market - Live

JLR is a wholly owned subsidiary of the company. Wholesale volumes for the third quarter were 59,200 units (excluding the Chery Jaguar Land Rover China JV ('CJLR') ), down 43.3% YoY and down 10.6% QoQ. wholesale declined across all the regions, with the UK down 0.9%, North America down 64.4%, Europe down 47.6%, China down 46.0 %, MENA down 8.5% and Overseas down 50.4%. The overall mix of Range Rover, Range Rover Sport and Defender models accounted for 74.3% of total wholesale volumes in Q3 FY26, up from 70.3% in Q3 FY25 and down from 76.7% in the prior quarter. Retail sales stood at 79,600 units (including CJLR ) in Q3 FY26, marking a decline of 25.1% YoY and 6.7% QoQ. Retail volumes were lower across all key markets in Q3 FY26, comprising the UK which was down 13.3%, North America down 37.7%, Europe down 26.9%, China down 18.4%, MENA down 18.7% and Overseas down 14.1%. The company said that production returned to normal levels only by mid-November post the cyber incident. Due to this and also the time required to distribute vehicles globally once produced, wholesale and retail volumes reduced on a quarter-on-quarter and year-on-year basis. In addition, the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar, and incremental US tariffs impacting JLR's US exports, continued to impact volumes. JLR is scheduled to report its full financial results for Q3 FY26 in February 2026. Tata Motors Group is a leading global automobile manufacturer. Part of the illustrious multinational conglomerate, the Tata Group, it offers a wide and diverse portfolio of cars, sports utility vehicles, trucks, buses, and defense vehicles to the world.Powered by Capital Market - Live

JLR reported its wholesale and retail sales for the third quarter of FY26 (three-months to 31 December 2025 ). Production returned to normal levels only by mid-November post the cyber incident. Due to this and also the time required to distribute vehicles globally once produced , wholesale and retail volumes reduced on a quarter-on-quarter and year-on-year basis. In addition, the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar , and incremental US tariffs impacting JLR's US exports , continued to impact volumes . Wholesale volumes for the third quarter were 59,200 units (excluding the Chery Jaguar Land Rover China JV ('CJLR') ), down 43.3% year-on-year and down 10.6% compared to Q2 FY26. Compared to the prior year, wholesale volumes for the third quarter were down in all markets comprising the UK which was down 0.9%, North America down 64.4%, Europe down 47.6%, China down 46.0%, MENA1 down 8.5% and Overseas down 50.4%. The overall mix of Range Rover, Range Rover Sport and Defender models was 74.3% of total wholesale volumes in Q 3 FY26, up from 70.3% in Q3 FY25 and down from 76.7% in the prior quarter . Wholesale volumes for the financial year to date were 212,600 , down 26.6% YoY. Retail sales for the third quarter of 79,600 units (including CJLR ) were down 25.1% year-on year and down 6.7% compared to Q2 FY26. Compared to the prior year, retail volumes for the third quarter were down in all markets , comprising the UK which was down 13.3%, North America down 37.7%, Europe down 26.9%, China down 18.4%, MENA1 down 18.7% and Overseas down 14.1%. Retail volumes for the financial year to date were 259,400, down 19.1% YoY. JLR will report its full financial results for Q3 FY26 in February 2026. Powered by Capital Market - Live

Tata Motors Passenger Vehicles Ltd is up for a fifth straight session today. The stock is quoting at Rs 373.6, up 0.88% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 26333.05. The Sensex is at 85709.92, down 0.06%. Tata Motors Passenger Vehicles Ltd has gained around 7.26% in last one month. Meanwhile, Nifty Auto index of which Tata Motors Passenger Vehicles Ltd is a constituent, has gained around 5.25% in last one month and is currently quoting at 28803.65, up 0.84% on the day. The volume in the stock stood at 52.29 lakh shares today, compared to the daily average of 126.94 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 375.2, up 0.9% on the day. Tata Motors Passenger Vehicles Ltd is down 20.5% in last one year as compared to a 11.5% jump in NIFTY and a 23.69% jump in the Nifty Auto index.The PE of the stock is 20.6 based on TTM earnings ending September 25.Powered by Capital Market - Live