Summary

Tata Motors Ltd. announced its results for the quarter ending June 30, 2025. The consolidated revenues were 3,104.4 K Cr, down 2.5%. The EBIT was 4.5 K Cr, a decrease of 34.1 K Cr. JLR revenues were down by 9.2% to £6.6b with EBIT margins of 4.0%. CV revenues were down by 4.7% to 317.0K Cr, while PV revenues declined by 8.2%. Despite these challenges, the consolidated PBT (bei) was 5.6K Cr, benefiting from the sharp reduction in finance costs.

Key Highlights

1. 1

   Tata Motors reports Q1 FY26 results with revenue up 2.5% and EBITDA down 35.8%

2. 2

   JLR delivers 11th successive profitable quarter amid challenging global economic conditions

3. 3

   JLR's Q1FY26 revenue at £6.6 billion (-9.2%) impacted by significant new US trade tariffs and planned legacy Jaguar wind down

4. 4

   EBITDA at 9.3% (-650 bps) for JLR

5. 5

   PBT was £351 million for Q1 FY26, down 49.4% YoY for JLR

6. 6

   EBIT margin at 4.0% for JLR; guidance range of 5% to 7% for FY26 remains unchanged

7. 7

   Free cash flow for the quarter was £(758) million for JLR

8. 8

   Total liquidity was £5.0 billion for JLR

9. 9

   Welcomed signing of UK-US trade deal to reduce tariffs on UK-produced vehicles exported to the US from 27.5% to 10%

10. 10

    EU-US trade deal announced on 27 July 2025 will, in due course, reduce tariffs on JLR’s EU-produced vehicles exported to US from 27.5% to 15%

11. 11

    Reimagine Transformation continues at JLR

12. 12

    JLR delivers over £100m of value from reuse & refurbishment initiatives as it transforms its industrial operations for electrification

13. 13

    EDU and battery lines nearing completion at Electric Propulsion Manufacturing Centre, Wolverhampton UK, to produce electric vehicle components for next-generation electric vehicle