Tata Motors Q2 Profit Soars: 2,065% Jump!

Tata Motors Passenger Vehicles Ltd has made headlines with an astounding 2,065% profit increase, reaching Rs 76,248 crore for the quarter ending September 2026. This impressive figure includes a one-time notional gain of Rs 82,616 crore related to the company's demerger. In the same quarter last year, the profit was only Rs 3,521 crore, and Rs 4,003 crore in the previous quarter of FY26.

Despite the extraordinary profit jump, Tata Motors faced a 13.5% decline in revenue year-on-year, amounting to Rs 72,349 crore. The company attributed the revenue drop to the impact of a cyber incident at Jaguar Land Rover (JLR). However, the domestic market showed resilience, especially after the GST reductions, which helped in stabilizing the performance.

Shailesh Chandra, Managing Director & CEO of Tata Motors, highlighted the company's diverse multi-powertrain portfolio, noting that CNG and EV volumes made up 45% of total sales in Q2. Electric vehicle sales alone surged by nearly 60% year-on-year, with almost 25,000 units sold in this quarter, underscoring Tata's leadership in sustainable mobility.

September was a remarkable month for Tata Motors, recording overall sales of 60,000 units and hitting various milestones. This robust market performance contributed to better revenues and a quarter-on-quarter improvement in profitability. With a strong booking pipeline and increasing consumer confidence, the company is optimistic about maintaining this momentum in the second half of FY26, driven by innovation and new product launches.

Since the demerger into separate entities for passenger and commercial vehicles, Tata Motors has been focusing on leveraging opportunities in the evolving automotive industry. PB Balaji, Group CFO, acknowledged the challenges faced but assured that the company is committed to emerging stronger from the cyber incident. He emphasized that while global demand remains tough, there are signs of recovery in the domestic market.

Tata Motors is determined to execute its strategies with speed and rigor, ensuring their readiness to capitalize on the exciting prospects ahead. The company's commitment to innovation and adaptability will likely play a crucial role in its future growth.