Tata Motors PV Q4 PAT falls 32% as JLR headwinds weigh on results

TMPVL stated that global geopolitical and regulatory challenges need to be monitored for supply-chain risks and cost headwinds, with ongoing emphasis on mitigating these factors through structural cost reductions and selective growth at JLR.

Shailesh Chandra highlighted milestones, including strong EV growth and launches, and outlined plans to sustain growth while managing margin headwinds; the company emphasized resilience through product interventions and cost actions.

Shailesh Chandra noted that FY26 saw a landmark year with highest-ever annual sales of over 6.4 lakh units, 15% YoY growth in domestic business, and 92,000 EV volumes; Q4 FY26 delivered over 200,000 units with around 30,000 Sierra units and launches of newer Punch variants.

FY26 stand-alone revenue stood at ₹58,500 crore.

On a stand-alone basis, TMPVL reported Q4 revenue of ₹18,598 crore, up 43% YoY, and net profit of ₹455 crore.

For the full year, JLR reported a loss after tax of £244 million, with revenue of £22.9 billion, down 21% YoY.

JLR's Q4 revenue was £6.9 billion, down 11% YoY, with Q4 profit after tax of £365 million.

The Board has recommended a final dividend of ₹3 per share.

For FY26, the company reported consolidated PAT of ₹82,390 crore, up 196% YoY, with consolidated revenues of ₹335.582 crore, down 8.3% YoY.

For Q4 FY26, TMPVL's consolidated PAT was ₹5,783 crore and quarterly revenue was ₹105,447 crore, reflecting the quarter's overall performance amid JLR headwinds and domestic momentum.

Tata Motors Passenger Vehicles Ltd (TMPVL) reports for the fourth quarter ended March 31, 2026, with consolidated PAT down 32% to ₹5,783 crore from ₹8,470 crore in the year-ago period; quarterly revenue ₹105,447 crore, up 7.2% YoY.