Tata Motors PV Q1 cons profit plunges 80% YoY to Rs 775 cr

Tata Motors Passenger Vehicles on Thursday reported a consolidated net profit of Rs 775 crore for the April-June quarter of FY27, marking more than 80% year-on-year decline from the Rs 3,924 crore reported in the same period last year, amid supply constraints, including a fire at a key component supplier, Middle east conflict and planned Jaguar wind-down.

The company’s revenue from operations increased over 9% YoY to Rs 95,799 crore during the quarter, from Rs 87,677 crore reported in the year-ago period. Its EBITDA margin contracted by 130 basis points to 7.4%.

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