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Tata Motors Passenger Vehicles' revenue decreased 38.0% YoY
  • 06 Feb 2026
  • Tata Motors Passenger Vehicles Ltd reported a 3.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 38.0%.
  • Its expenses for the quarter were down by 5.6% QoQ and 30.4% YoY.
  • The net profit decreased 104.6% QoQ and decreased 162.4% YoY.
  • The earnings per share (EPS) of Tata Motors Passenger Vehicles Ltd declined at 9.47 during Q3 FY 2025-26.

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Tata Motors Passenger Vehicles Ltd is a subsidiary of Tata Motors Limited, part of the larger Tata Group. The company operates in the automotive industry and is known for manufacturing and selling passenger vehicles. Tata Motors is renowned for its wide range of cars, including hatchbacks, sedans, SUVs, and electric vehicles. The company has been a significant player in the Indian automotive market and has expanded its presence internationally. Recent developments in the company include a focus on electric vehicles (EVs) as part of its strategy to align with global trends toward sustainable and eco-friendly transportation solutions. However, specific recent major developments were not available in the provided data.

In the third quarter of the fiscal year 2026 (Q3FY26), Tata Motors Passenger Vehicles Ltd reported a total income of ₹71,575 crores. This figure represents a decline of 3.0% when compared to the previous quarter (Q2FY26), where the total income was ₹73,810 crores. Additionally, when compared to the same quarter in the previous year (Q3FY25), where the total income was ₹115,365 crores, there is a significant year-over-year decrease of 38.0%. This substantial reduction in revenue over the year suggests a challenging period for the company in terms of income generation.

During Q3FY26, Tata Motors Passenger Vehicles Ltd experienced a negative profit before tax of ₹4,902 crores, which shows a reduction in losses by 39.5% compared to the previous quarter (Q2FY26), where the loss was ₹8,108 crores. However, compared to Q3FY25, where the company recorded a profit before tax of ₹7,712 crores, there is a significant year-over-year decline of 163.6%. The company's profit after tax for Q3FY26 was a negative ₹3,483 crores, contrasting sharply with a profit of ₹5,578 crores in Q3FY25. This represents a year-over-year decrease of 162.4% and a quarter-over-quarter decrease of 104.6% from Q2FY26. The earnings per share (EPS) for Q3FY26 was reported at ₹-9.47, which is an improvement from Q2FY26, where the EPS was ₹-17.50, but a decline from Q3FY25's EPS of ₹14.80.

The total expenses for Tata Motors Passenger Vehicles Ltd in Q3FY26 amounted to ₹74,880 crores. This marks a decrease of 5.6% from Q2FY26, where expenses were ₹79,310 crores. Comparing year-over-year, there is a reduction of 30.4% from Q3FY25, when the total expenses were ₹107,627 crores. The tax expense for Q3FY26 was a negative ₹1,250 crores, reduced by 26.6% from the previous quarter's tax expense of ₹1,702 crores. Compared to the same quarter last year, when the tax expense was ₹2,096 crores, there is a year-over-year decrease of 159.6%. The company's operating performance appears to have been significantly impacted, reflecting challenges in managing costs relative to income generation during this period.