Tata Motors PV Q1 FY 2026-27 Results: Net Profit Falls 80% Despite 9% Revenue Growth

Tata Motors Passenger Vehicles (TMPV) reported a decline in profitability for the June quarter. Revenue, however, rose from a year ago. The Tata Motors PV Q1 results reflected the impact of supply constraints, geopolitical disruptions and the planned wind-down of outgoing Jaguar models.

The Tata Motors PV Q1 results showed a consolidated net profit of ₹775 crore. This was more than 80% lower than the ₹3,924 crore profit reported in the same quarter last year.

Key Highlights Of Tata Motors PV Q1 Results

• Revenue: ₹95,799 crore, up 9% year-on-year (YoY).

• Earnings before interest, taxes, depreciation, and amortisation (EBITDA) Margin: 7.4%, down 130 basis points (bps) from a year earlier.

• Earnings per share (EPS): ₹2.10, compared with ₹6.84 in Q1 FY26.

• Exceptional loss: ₹32 crore, lower than ₹47 crore reported in Q1 FY26.

JLR Q1 Profit Falls As Lower Volumes Weigh On Earnings

Jaguar Land Rover (JLR) reported a 9% YoY decline in wholesales during the quarter. Volumes were affected by temporary supply constraints, including a fire at a major component supplier at the start of the quarter. Market disruption from the Middle East conflict and the planned wind-down of outgoing Jaguar models also weighed on volumes ahead of the Jaguar Type 01 launch.

As a result, JLR's revenue fell nearly 10% YoY to £6 billion during the quarter. Profitability was also affected by market conditions, with retail VME rising to 7.1% from 4.1%.

JLR's profit fell 73% YoY to £66 million in the first quarter. Despite the supply issues and market disruption, the company said it remained profitable during the quarter.

Tata Motors PV Segment Shows Strong Volume Growth

Despite the weak consolidated profitability, the domestic Tata Motors PV segment delivered operational growth during the quarter. Segment volumes rose 46% YoY, significantly outperforming the broader industry, while electric vehicle (EV) volumes jumped 112% YoY.

Revenue from the Tata Motors PV segment increased 65% YoY. Strong volumes, new launches and growing EV demand supported this rise. However, the benefit of higher revenue was partly offset by adverse foreign exchange and commodity movements.

Shailesh Chandra, Managing Director and CEO of Tata Motors Passenger Vehicles, said the company remained confident about maintaining its growth momentum, supported by a strong order book, product pipeline, sustained demand and margin improvement initiatives.

Tata Motors PV Share Price

Tata Motors Passenger Vehicles shares closed at ₹349.60 on Thursday, 13 August, 2026, on the National Stock Exchange (NSE), up 1.92% from the previous close of ₹343.00.

The stock touched an intraday high of ₹351.55 and a low of ₹342.45 during the session.

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