Wed Jan 29 22:30:00 IST 2025: **Tata Motors Q3 Profit Down 22%, but Stock Rises on Positive Outlook**

MUMBAI, INDIA – Tata Motors reported a 22% year-on-year drop in consolidated net profit for the third quarter of fiscal year 25, reaching Rs 5,451 crore. This missed analyst expectations, primarily due to weaker margins and subdued Jaguar Land Rover (JLR) volumes. Despite the profit decline, the company’s stock closed 3.3% higher at Rs 752.5 on the NSE ahead of the results announcement.

Revenue from operations saw a modest 2.7% year-on-year increase to Rs 1,13,575 crore, driven by improved overall sales. However, EBITDA margins fell 60 basis points to 13.7%. While JLR achieved record quarterly revenue of GBP 7.5 billion, its profit before tax was lower than the previous year. The Commercial Vehicles segment experienced a revenue decline due to weaker volumes and product mix, although EBITDA margins improved. The Passenger Vehicles segment also saw a revenue decline, but EBITDA margins improved due to cost-cutting measures. Despite these challenges, Tata Motors highlighted sequential improvements across all businesses and expressed confidence in future performance, citing expected demand improvement supported by infrastructure investments and new product launches. The company’s electric vehicle sales in the personal segment saw a 19% year-on-year increase.

The report also briefly mentions the India’s Largest Regional Retail Option Traders Summit (BOTS), organized by Traders Gurukul, and a new functionality aimed at improving user access and generating leads for brokers.

Read More