Tata Motors Posts 71% Year-Over-Year Decline in Q4 Net Profit, Revenue Sees 43% Surge

Tata Motors Passenger Vehicles Reports 71.43% Decline in Q4 Net Profit

Tata Motors Passenger Vehicles announced its earnings for the quarter ended March 2026 (Q4FY26) on Thursday, 14 May. The company reported a 71.43% decline in standalone net profit at ₹455 crore for the fourth quarter of the 2025-26 fiscal year. This decline is attributed to a net profit of ₹1593 crore in the year-ago period.

In contrast, standalone revenue from operations jumped 43% year-on-year (YoY) to ₹18,598 crore. EBITDA Margin for the quarter came in at 9.4%.

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On a consolidated basis, the company reported a 32% year-on-year (YoY) decline in its consolidated net profit at ₹5,783 crore from ₹8,470 crore in the year-ago period. Meanwhile, consolidated revenue from operations increased 7% YoY to ₹1.05 lakh crore in the March quarter.

The company's Board of Directors at its Meeting held today has recommended declaration of final dividend of ₹3.00 per Equity Share of ₹2 each (@ 150%) for the financial year ended March 31, 2026. The dividend, if declared at the AGM, shall be paid to the eligible shareholders on or before July 14, 2026.

Tata Motors PV stock ended 0.64% higher at ₹338.85 per share on BSE.

Tata Motors Passenger Vehicles plans to leverage on healthy demand and continue to deliver profitable and industry-beating growth in domestic business, whilst mitigating the margin headwinds through structural cost reductions. The company also plans to step-up growth at JLR by leveraging House of Brands in focused markets, with flawless delivery of exciting launches over next 18 months.

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Jaguar Land Rover (JLR) Performance

JLR reported a weak financial performance for Q4FY26 and the full financial year due to multiple global headwinds, including challenges in China, higher US tariffs, and the planned transition to new Jaguar models.

JLR's revenue for the March quarter stood at £6.9 billion, down 11% year-on-year, while full-year FY26 revenue declined 21% to £22.9 billion. The company said profitability and volumes were impacted by the planned wind-down of outgoing Jaguar models ahead of the new Jaguar launch, as well as a difficult competitive environment in China.

The company plans to invest £18 billion over five years from FY24 while focusing on reducing break-even volumes and launching new products, including the Range Rover Electric and the next-generation Jaguar lineup.