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TaMo profit drops as JLR margins suffer; view fuzzy

Mint Hyderabad

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May 14, 2025

Net profit for the full year fell 11% to ₹28,100 crore, down from ₹31,800 crore in FY24

- Ayaan Kartik

Tata Motors Ltd reported a decline in annual net profit on Tuesday, as its British luxury car unit Jaguar Land Rover (JLR) faced margin pressures and the Indian automaker refrained from giving future guidance for the subsidiary citing global trade uncertainties fuelled by Trump tariffs.

The country's largest passenger vehicle maker recorded a muted 1.3% growth in revenue to ₹4.39 trillion in FY25, as sales fell globally. Earnings before interest, taxes, depreciation, and amortization, or Ebitda, margin fell 100 basis points to 13.1% due to a decline in margins of JLR on higher discounts.

As a result, net profit for the full year fell 11% to ₹28,100 crore, down from ₹31,800 crore in FY24.

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