Tata Motors shares climb over 2% amid fundraising plan; all you need to know

A meeting of the duly constituted Committee of the Board of Directors of the company is scheduled to be held on May 2 to consider and approve the issuance of rated, listed, unsecured, redeemable, non-convertible debentures on a private placement basis aggregating up to ₹500 crore, the automaker said in a regulatory filing.

The company did not share details of how it plans to utilise the raised capital.

The auto major is slated to announce its financial results for the quarter ended March 31, 2025 (Q4 FY25) and the full fiscal year 2024-25 on May 13.

Tata Motors Q3 FY25 Results

Tata Motors reported a 22% fall in its consolidated net profit to ₹5,578 crore for the third quarter ended December 2024 (Q3 FY25), impacted by a decline in revenue from its passenger and commercial vehicles divisions.

The company had posted a consolidated net profit of ₹7,145 crore in the same quarter last fiscal.

Its consolidated total revenue from operations stood at ₹113,575 crore against ₹110,577 crore logged in the year-ago period, it added.

The total expenses in the quarter were higher at ₹107,627 crore compared to ₹104,494 crore a year ago, the company said.

Tata Motors said its British arm Jaguar Land Rover (JLR) delivered a robust third quarter in FY25, with record revenue of 7.5 billion pounds, up 1.5% compared to the year-ago period, and posted a ninth successive profitable quarter.

"JLR has delivered a robust performance in the third quarter of our financial year and further milestones in our reimagine strategy.

"Thanks to our people and partners, we achieved record revenue and our best EBIT margin in a decade, and our electrification plans are progressing," JLR chief executive officer Adrian Mardell said.

JLR said that while mindful of the challenging economic backdrop, it is on track to achieve its profitability and cash flow targets in FY25.

Tata Passenger Vehicles' Q3 revenue was ₹12,400 crore, down 4.3%, and volumes were steady at 1.4 lakh units, about 1.1% growth, Tata Motors said.

Tata Motors stock performance

Shares of Tata Motors have risen 9.34% in two weeks. In comparison, the S&P BSE SENSEX has gained 4.93% during the window, while the BSE AUTO index and the BSE Consumer Discretionary have rallied 5.87% and 3.68%, respectively, BSE data show.