Tata Motors Passenger Vehicles Q1 earnings: Revenue rises 9.3%, net profit at Rs 859 crore 

Tata Motors Passenger Vehicles Ltd (formerly Tata Motors) reported its Q1 earnings today. Revenue rose 9.3% to Rs 95,799 crore in the June 2026 quarter. EBITDA surged 7.4% by 130 bps from the year ago period. EBIT margin rose by 90 bps to 2.4%.

JLR wholesales slipped 9.2% YoY on account of temporary supply constraints, including a fire at a key component supplier, Middle east conflict and planned Jaguar wind-down.

In addition to the impact of reduced volumes, JLR’s YoY profitability was affected as Variable Marketing Expenses (VMEs) continued to remain elevated, partially offset by favourable structural costs.

The Tata Group firm said its domestic business clocked a strong revenue growth of 65% YoY. However, elevated commodities and forex moderated improvement in margins. Consolidated profit before tax came at Rs 1606 crore and profit after tax stood at Rs 859 crore in Q1 against Rs 2597 crore profit in the year ago period.

Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles Limited said: "Q1 FY27 marked a strong start to the year for Tata Motors PV, with industry-beating 46% YoY volume growth driven by robust customer demand and the success of our recent launches. Our leadership in electric mobility strengthened further, with record quarterly EV volumes of over 34,000 units and 112% YoY growth."