Tata Motors Passenger Vehicles (TMPV) has announced its financial results for the second quarter and half year ended September 30, 2026. The company reported a revenue of ₹96.9K Cr for Q2 FY27, with EBITDA at 6.2% and PBT (bei) at ₹0.4K Cr. Key highlights include the unveiling of the new consumer-facing brand identity TATA.CARS and the launch of the Aeris compact sedan. The company also detailed performance updates for Jaguar Land Rover (JLR).
Tata Motors Passenger Vehicles Q2 FY27 Financial Highlights
Tata Motors Passenger Vehicles (TMPV) has disclosed its financial performance for the quarter ended September 30, 2026. The company reported a consolidated revenue of ₹96.9K Cr, marking a 34.0% year-over-year increase. The EBITDA stood at 6.2%, while the Profit Before Tax (before exceptional items) was ₹0.4K Cr. The company highlighted the highest ever domestic quarterly revenues, with JLR delivering operating profits amidst a challenging environment.
Key Developments in Q2 FY27
During the quarter, TMPV unveiled TATA.CARS, a new consumer-facing global brand identity. The Aeris compact sedan was also launched, aiming to capture a significant segment of the market. Additionally, the company announced record sales of 75.4K vehicles in October 2026. Three new luxury electric vehicles were launched, including the Range Rover Electric, Range Rover Sport Electric, and Jaguar Type 01.
Jaguar Land Rover (JLR) Performance Update
Jaguar Land Rover (JLR) reported a revenue of £5.9bn for Q2 FY27, with an adjusted EBIT margin of 1.1%. Despite challenging conditions, JLR delivered operating profits. The company’s wholesale volumes reached 82.5k units, up 24.7% YoY. JLR also noted the launch of new electric models, including the Range Rover Electric and Range Rover Sport Electric.
Financial Outlook and Strategy
Looking ahead, TMPV aims to sustain its strong growth trajectory while enhancing profitability. Key focus areas include building on industry-beating growth momentum, capitalizing on growing EV penetration, and scaling up production. JLR is focused on building sales momentum from new EV launches, doubling down on growth in North America, and demonstrating progress on its enterprise missions plan. The consolidated outlook includes executing well-differentiated strategies and exploring strategic partnerships.
Source: BSE
