Tata Motors Q4 profit slides 31.7% as JLR drag eclipses record India PV quarter
India passenger vehicle revenue jumped 49.4% to ₹18,742 cr on 2,01,800 volumes (+37%), with EV share hitting 40.2% and FY26 EV sales of 92,000 (+43%). JLR weakness pulled consolidated Q4 profit to ₹5,783 cr despite revenue up 7.2% to ₹1,05,447 cr. Sierra, Harrier EV and Punch refresh queued.
Tata Motors Q4 profit fell 31.7% as JLR weakness offset record India PV quarter: volumes up 37%, revenue up 49.4%, EV share at 40.2%. Sierra, Harrier EV and Punch refresh among upcoming launches.