Now Reading: Tata Motors Q1 profit slumps 80% to Rs 775 crore
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Tata Motors Q1 profit slumps 80% to Rs 775 crore
Tata Motors' consolidated net profit fell 80.3% to Rs 775 crore in the first quarter of FY2026-27, even as revenue rose 9.3% to Rs 95,799 crore, NDTV Profit reports. EBITDA dropped 17.2%…
The Story in Brief
Tata Motors' consolidated net profit fell 80.3% to Rs 775 crore in the first quarter of FY2026-27, even as revenue rose 9.3% to Rs 95,799 crore, NDTV Profit reports. EBITDA dropped 17.2% to Rs 6,326 crore, with margin contracting to 6.6% from 8.7% a year ago.
Jaguar Land Rover's revenue fell 9.6% due to supply constraints, though the unit stayed profitable. Electric vehicle volumes surged 112% year-on-year. The company cited adverse forex and commodity costs as pressures and said it remains focused on cost reduction and revenue growth, with JLR planning to launch four new battery electric vehicles soon.
The Indian Opinion
The 80% profit plunge makes a dramatic headline, but revenue grew 9% and EV volumes more than doubled. The real story is not a crisis but a squeeze: JLR is fighting supply hiccups and higher commodity costs while domestic demand stays healthy. The lazy narrative that Tata Motors is broken ignores that it is investing heavily in JLR's battery electric vehicles. Watch for whether those new BEV launches can lift margins, or if cost inflation keeps profit growth shallow.
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
