Tata Motors reports a 7% fall in total sales in January; shares fall 1.4%

Tata Motors has reported a 6.76% decline in total sales (domestic & international market) at 80304 units in January 2025 as compared to 86125 units in the same month last year. Total domestic sales were down 7.26% at 78159 units in January 2025 as against 84276 units in January 2024.

Total passenger vehicle (PV) sales, including EVs, were 48316 units in January 2025 compared to 54033 units in the year-ago month, down 11%. Similarly, domestic PV sales, including EVs, were down 10% at 48076 units in January 2025 as against 53633 units in January 2024. Total commercial vehicle (CV) sales in January 2025 were marginally down by 0.3% at 31988 units as against 32092 units in the same period last year.

In Q3FY25, the company posted a 21.93% decline year-on-year in its consolidated net profit to ₹5,578 crore, compared to ₹7,145 crore in the year-ago period. Its revenue from operations rose by just 2.7% to ₹1,13,575 crore during the quarter, compared to ₹1,10,577 crore reported in the same period of the preceding fiscal year. The numbers were weighed down by a slowdown in its Jaguar-Land Rover (JLR) business.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.