Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%
Tata Motors Passenger Vehicles reported a net profit of ₹775 crore for Q1 FY27, an 80% decline from ₹3,924 crore a year earlier, due to supply constraints and market disruptions. Revenue rose 9% year-on-year to ₹95,799 crore, but the EBITDA margin fell to 7.4%. Jaguar Land Rover also faced challenges, with a 9% drop in wholesales and a 73% profit decline to £66 million, although it remains optimistic about future product launches.