Tata Motors sees 9% decline in total global sales for Q1 FY26; check details

Global wholesale of passenger vehicles was lower by 10% year-on-year (YoY) at 124,809 units in the first quarter, Tata Motors said in a statement.

Jaguar Land Rover dispatches stood at 87,286 units in the April-June quarter, a drop of 11% over the same period last fiscal year.

Global wholesale of all Tata Motors commercial vehicles and the Tata Daewoo range in Q1 FY26 was 87,569 units, a decline of 6% over Q1 of FY25.

On Tuesday, shares of Tata Motors settled at ₹692.90 apiece on the National Stock Exchange, marginally rising 0.59%.

The country's leading automobile company had reported a net profit of ₹8,470 crore in the January-March quarter, marking a decline of 51% from ₹17,407 crore in the same period last year.

Its revenue from operations rose marginally to ₹1.19 lakh crore at the end of the March quarter. Its operating profit, also known as earnings before interest, taxes, depreciation, and amortisation (EBITDA), improved 1% annually to ₹16,818 crore, and its EBITDA margin came in at 14%.

Despite the Q4 decline, Tata Motors delivered a record full-year performance in FY25 as its revenue came in at ₹4.39 lakh crore, EBITDA at ₹57,600 crore, and net profit at ₹28,100 crore, the company said in a press release.

The company also turned net auto cash positive, closing the year with a net cash balance of ₹1,000 crore. Key contributors included lower depreciation at Jaguar Land Rover (JLR), improved commercial vehicle profitability, and interest cost savings, the Mumbai-based company said.

Tata Motors' luxury subsidiary, Jaguar Land Rover (JLR), reported its tenth consecutive profitable quarter and the highest annual profit before tax (PBT) in a decade.

Its commercial vehicle (CV) division posted strong profitability despite muted volumes.