Tata Motors PV Reports 9.3 Percent Revenue Growth in Q1 FY27

Tata Motors Passenger Vehicles Limited has reported a 9.3 percent year-on-year increase in consolidated revenue from operations, reaching Rs 95,799 crore for the first quarter ended June 30, 2026.

The consolidated profit before tax before exceptional items stood at Rs 1,606 crore, while consolidated profit after tax came in at Rs 859 crore. Consolidated EBITDA margin for the quarter was recorded at 7.4 percent, impacted by ongoing commodity price pressures and temporary supply chain disruptions.

The company's domestic passenger vehicle business recorded revenue of Rs 17,930 crore, representing a 64.8 percent increase compared to the same period in the previous fiscal year. Domestic passenger vehicle volumes grew 46 percent year-on-year, driven by electric vehicle sales, which rose 112 percent to exceed 34,000 units during the quarter. Electric vehicle penetration in the domestic portfolio reached 19 percent, while CNG models accounted for 27 percent.

At Jaguar Land Rover, revenue for the quarter reached £6.0 billion, down 9.6 percent year-on-year, as wholesale volumes declined 9.2 percent due to temporary component supply constraints, Middle East market disruptions, and the planned wind-down of outgoing Jaguar models. JLR posted a profit before tax before exceptional items of £109 million and an EBIT margin of 2.8 percent. Range Rover, Range Rover Sport, and Defender models accounted for 80.8 percent of JLR's total quarterly volume mix.

"Q1 FY27 marked a strong start to the year for Tata Motors PV, with industry-beating 46% YoY volume growth driven by robust customer demand and the success of our recent launches. Our leadership in electric mobility strengthened further, with record quarterly EV volumes of over 34,000 units," said Shailesh Chandra, Managing Director and CEO of Tata Motors Passenger Vehicles Limited.