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Informist, Friday, Nov. 14, 2025

 

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--Tata Motors PV Jul-Sept consol net profit INR 761.70 bln 
--Tata Motors PV Jul-Sept consol PAT INR 761.70 bln vs INR 34.46 bln year ago 
--Tata Motors PV net loss from continuing ops INR 63.68 bln in Jul-Sept 
--Tata Motors PV Jul-Sept consol revenue INR 723.49 bln 
--Tata Motors PV Jul-Sept consol revenue INR 723.49 bln vs INR 836.56 bln 
--Tata Motors PV Apr-Sept consol PAT INR 800.94 bln vs INR 139.53 bln yr ago 
--Tata Motors PV Apr-Sept consol revenue INR 1.60 tln vs INR 1.73 tln yr ago 
--Tata Motors PV Q2 PAT has one-time gain of INR 826 bln on CV arm demerger 
--Tata Motors PV Q2 consol PAT includes one-time cost of INR 26.08 bln 
--Tata Motors PV Jul-Sept consol EBITDA margin (-)0.1%, down 1,120 bps on yr 
--Tata Motors PV Q2 JLR revenue 4.90 bln pound sterling, down 24.3% on yr 
--Tata Motors PV Jul-Sept JLR EBITDA margin (-)1.6%, down 1,330 bps on year 
--Tata Motors PV: Incurred cost of INR 20 bln in Q2 related to cyber incident 
--Tata Motors PV: Expect all-round improvement in performance in Oct-Mar  

 

By Simran Rede

 

MUMBAI – Tata Motors Passenger Vehicles Ltd. reported a net loss from continuing operations in the September quarter due to a one-time expense of over INR 20 billion related to the cyberattack at its Jaguar Land Rover operations in the UK. Despite this, it managed to report a consolidated net profit during the quarter due to an exceptional gain from demerger of its commercial vehicles business.

 

The company's consolidated net loss from continuing operations was INR 63.68 billion in Jul-Sept due to a sharp drop in JLR volumes. JLR's retail volumes during the quarter dipped 17% on year to 85,000 from 103,100 a year ago. The company had to shut production of JLR cars in September due to the cyberattack and US tariffs had also affected volumes.

 

In the year-ago period, the company had reported a consolidated net profit of INR 30.56 billion from continuing operations. Apart from the INR 20.08 billion one-time expense towards the JLR cyberattack, the company also incurred an INR 8.40 billion "employee separation cost" during the September quarter. 

 

The company reported an exceptional gain of INR 826.16 billion during the quarter from discontinued operations. This was on account of demerger of the commercial vehicle business. "Difference between the fair value of net assets as on July 1, 2025 and book value of net assets is recorded as a one-time exceptional gain in the income statement," the company said in a press release. Overall, the company recorded a consolidated net profit from continuing and discontinued operations of INR 761.70 billion in Jul-Sept.

 

The Indian automotive giant's top line fell over 13.5% on year to INR 723.49 billion for the reporting quarter owing to an over 24% on-year decline in the revenue of the JLR business. The company typically earns over 79% of its total consolidated revenue from the UK-based subsidiary. JLR recorded a revenue of 4.90 billion pound sterling (INR 572.01 billion).

 

For the September quarter, the passenger vehicle maker reported consolidated earnings before interest, tax, depreciation, and amortisation loss of INR 710 million, against INR 92.67 billion in the year-ago period. Its consolidated EBITDA margin was (-)0.1%, down 1,120 basis points on year. The company reported a consolidated EBIT loss of INR 48.97 billion against consolidated EBIT of INR 38.61 billion a year ago. Its consolidated EBIT margin was (-)6.8%, down 1,140 bps on year. 

 

JLR reported an EBITDA loss of INR 9.78 billion in Jul-Sept against an EBITDA of INR 83.35 billion a year ago. Its EBITDA margin contracted 1,330 bps on year to (-)1.6%. The segment's EBIT loss was INR 50.49 billion against an EBIT of INR 36.26 billion in the year-ago quarter. Its EBIT margin was (-)8.6%, down 1,370 bps on year.

 

Tata Motors PV had signed a 1.5-billion-pound-sterling guaranteed loan by UK Export Finance on Oct. 3, but the company has not yet drawn the amount, according to the company's investor presentation. The UK government has extended support to JLR to help mitigate the impact of the cyberattack. The luxury carmaker had sought capital support of up to 1.5 billion pound sterling for five years from the UK government.

 

Given robust demand post the goods and services tax cuts, the company expects thats its performance in Oct-Mar will witness an all-round improvement. 

 

During Apr-Sept, Tata Motors PV reported a consolidated net profit of INR 800.94 billion, nearly six times higher than the year-ago period. Its consolidated revenue fell nearly 8% on year to INR 1.60 trillion. The JLR business reported a revenue of 11.5 billion pound sterling, down over 16% on year. Its EBITDA margin contracted 920 bps on year to 4.7% and EBIT margin fell 850 bps on year to (-)1.4%.  End

 

Edited by Tanima Banerjee

 

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