Tata Motors Passenger Vehicles Limited reports resilient Q3 FY26 performance with revenue at ₹70.1K Cr and EBITDA at 2.2%. Key highlights include strong market reaction for Sierra with >70K order confirmations, launch of new Tata Punch, and Tata.ev surpassing 250,000 EV sales. Jaguar Land Rover’s Q3 revenue reached £4.5bn with an EBIT margin of 6.8%.
Financial Performance
Tata Motors Passenger Vehicles Limited reported a resilient performance for Q3 FY26. Revenue reached ₹70.1K Cr, with an EBITDA of 2.2% and a PBT (bei) of ₹(3.1)K Cr.
Key Highlights
Some key highlights from the quarter include:
- Strong market reaction for Sierra with >70K order confirmations on Day 1.
- Launch of the new Tata Punch, with Harrier and Safari now available in Petrol Powertrains.
- TATA.ev surpassing 250,000 EV sales.
Jaguar Land Rover (JLR) Performance
Jaguar Land Rover’s Q3 FY26 performance was impacted by a cyber incident. Key figures include:
- Revenue of £4.5bn.
- EBIT margin of 6.8%.
JLR Volume and Revenue Details
Q3 FY26 saw retail volumes reach 79.8K units. The revenue breakdown shows:
- Revenue at £4.5bn, down 39.4% YoY.
Tata Motors Domestic Business
Tata Motors’ domestic business saw positive momentum. Key figures and updates include:
- Revenue at ₹15.3K Cr in Q3 FY26
- EV growth continuing, accounting for 50% volume growth YoY
Focus Areas
The company’s key focus areas for the near future include:
- Sustaining industry-beating growth and consolidating market position.
- Driving further volume growth on the back of new product launches.
Guidance for FY26
The guidance for FY26 remains unchanged, with FY26 EBIT in the range of 0% to 2%.
Source: BSE
