2 weeks ago
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Tata Motors Passenger Vehicles Ltd (TMPVL) for the 4th fourth ended March 31, 2026 reported 32% autumn successful consolidated Profit After Tax (PAT) astatine ₹5,783 crore arsenic compared with ₹8,470 crore successful the twelvemonth agone period.
During the 4th the institution delivered revenues of ₹105,447 crore, up 7.2% Year connected Year (YoY).
For the FY26 the institution reported nett aft taxation of ₹82,390 crore arsenic compared with ₹27,830 crore a twelvemonth ago, up 196% YoY. FY26 revenues stood astatine ₹335.582 crore down 8.3% YoY.
“On a afloat twelvemonth basis, the profitability was impacted by respective headwinds astatine Jaguar Land Rover (JLR), including cyber incident, tariffs, China luxury tax, VME pressures and adverse commodities prices,” the institution said successful a filing.
The consolidated nett indebtedness stood astatine ₹30,700 crore, connected relationship of adverse escaped currency flows chiefly owing to accumulation stoppages astatine JLR.
The Board has recommended a last dividend of ₹3 per share.
Looking up the institution said planetary geopolitical and regulatory challenges would request to beryllium monitored for supply-chain risks and outgo headwinds.
“We volition leverage connected steadfast request and proceed to present profitable and industry-beating maturation successful home business, whilst mitigating the borderline headwinds done structural outgo reductions. We volition proceed to step-up maturation astatine JLR, by leveraging House of Brands successful focused markets, with flawless transportation of breathtaking launches implicit adjacent 18 months,” the institution said.
Dhiman Gupta, main fiscal officer, TMPVL said, “Overall, FY26 was a communicative of 2 halves. While home concern witnessed a beardown momentum station GST 2.0, astatine JLR we witnessed respective headwinds including tariffs and the cyber incident. In Q4 FY26, each the consolidated fiscal metrics improved importantly arsenic JLR operations recovered station the cyber incidental and home concern continued its affirmative trajectory.”
“Going ahead, we volition proceed to physique connected our resilience done a slew of merchandise interventions, and cost-side actions, portion the planetary geopolitical situation and commodity prices proceed to stay cardinal monitorable,” helium added.
JLR’s gross for the 4th was £6.9 billion, down 11% versus Q4 FY25 and £22.9 cardinal for FY26, down 21% YoY.
Volumes and profitability were impacted YoY by the continued planned upwind down of outgoing Jaguar models up of the caller Jaguar launch, and the competitory situation the automotive manufacture is facing successful China. Profitability was impacted by ongoing incremental U.S. tariffs, the institution said.
PAT successful the 4th was £365 million, compared to a nett of £640 cardinal successful the aforesaid 4th a twelvemonth ago. For the afloat year, the nonaccomplishment aft taxation was £ 244 cardinal compared to a nett of £1.8 cardinal past year.
PB Balaji, main enforcement officer, said, “JLR faced a challenging twelvemonth with gross and nett impacted by aggregate headwinds, including a intermission successful accumulation pursuing the cyber incident. We recovered good successful the 4th fourth arsenic accumulation returned to mean levels, demonstrating the committedness of our people, suppliers and retail partners.”
“As we look up into FY27, we are focused connected driving maturation done our good differentiated House of Brands and reducing our break-even volumes, whilst we motorboat a slew of breathtaking products starting with the New Range Rover Electric, the unveiling of the archetypal of our EMA products and the eagerly awaited caller Jaguar,” helium added.
On a basal unsocial ground the institution reported Q4 gross of ₹18,598 crore, up 43% YoY. Net nett was much than halved to ₹455 crore. The FY26 gross was ₹58,500 crore.
Shailesh Chandra, managing manager & CEO, TMPVL said, “FY26 has been a landmark twelvemonth for the institution marked by aggregate defining milestones. We achieved our highest ever yearly income of implicit 6.4 lakh units, delivering manufacture beating maturation of 15% YoY and emerging arsenic the fig 2nd ranked subordinate successful H2 FY26.”
“In electrical vehicles, we further reinforced our enactment presumption with a sustained absorption connected strengthening the wide worth proposition of our vehicles and holistically addressing adoption barriers, accelerating the travel towards EVs becoming a mainstream prime for customers. This resulted successful robust 43% twelvemonth connected twelvemonth maturation and our highest ever yearly EV volumes of implicit 92,000,” helium said.
“Q4 FY26 was an outstanding quarter, successful which we registered 37% twelvemonth connected twelvemonth maturation to grounds our highest ever quarterly income of implicit 200,000 units. During the quarter, we delivered c.30,000 units of the Sierra and launched the caller versions of the fashionable Punch and Punch.ev, to beardown lawsuit acclaim. This accordant maturation has helped america thrust sequential borderline betterment passim the year. Going ahead, we volition proceed to physique connected this beardown momentum, present manufacture beating maturation and heighten profitability done focused actions, portion intimately monitoring geopolitical developments to mitigate supply-side risks,” helium added.
