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Tata's PV unit gets one-time boost in weak Sept quarter
Financial Express Mumbai
|November 15, 2025
TATA MOTORS PASSENGER Vehicles (TMPV) on Friday posted a massive 2,110% rise in its consolidated profit at ₹76,248 crore in the July-September quarter.
The surge was driven by a one-time exceptional gain of ₹82,616 crore arising from the de-merger of the commercial vehicles business. Adjusting for this one-time gain, it was a weak operating quarter for the company, as it slipped into a net loss of ₹6,368 crore. This was largely due to Jaguar Land Rover operations and declining group revenues.
Revenue from operations dropped to 71,714 crore from ₹82,841 crore in the year-ago period. At the operating level, the company reported an Ebitda loss of 1,404 crore, a sharp reversal from the ₹9,914 crore Ebitda profit posted in Q2FY25.
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