{"id":178373,"date":"2026-01-29T13:19:33","date_gmt":"2026-01-29T18:19:33","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178373"},"modified":"2026-01-29T13:19:33","modified_gmt":"2026-01-29T18:19:33","slug":"tata-motors-posts-16-revenue-growth-in-q3-exceptional-items-hit-profitability","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/tata-motors-posts-16-revenue-growth-in-q3-exceptional-items-hit-profitability\/","title":{"rendered":"Tata Motors posts 16% revenue growth in Q3; exceptional items hit profitability"},"content":{"rendered":"\n
Tata Motors Limited (NSE: TMCV) reported its consolidated financial results for the third quarter ended December 31, 2025, showing an increase in revenue alongside a contraction in net profit.<\/p>\n\n\n\n
Latest Quarterly Results<\/strong><\/h2>\n\n\n\n
The company\u2019s consolidated revenue for the third quarter stood at \u20b921,847 crore, representing a 16% increase compared to \u20b918,819 crore in the same period last year. Consolidated profit after tax (PAT) was recorded at \u20b9705 crore, a decrease of 47.9% from the \u20b91,355 crore reported in the prior-year quarter.<\/p>\n\n\n\n
Exceptional items impacted consolidated financials by \u20b91.6K crore during the period. These items included costs associated with the New Labor Code (\u20b9603 crore), the company demerger (\u20b9962 crore), and acquisition-related expenses (\u20b982 crore).<\/p>\n\n\n\n
Segment Highlights<\/strong><\/h2>\n\n\n\n
Commercial Vehicles (CV) Revenue for the CV segment reached \u20b921,533 crore, a 17% increase year-over-year. EBITDA for the segment was \u20b92,724 crore, up 19% from \u20b92,291 crore in the prior-year period. The EBITDA margin stood at 12.7%, an expansion of 30 basis points. EBIT margins for the segment reached 10.6%. CV wholesales reached 116.8K units, a 20% increase.<\/p>\n\n\n\n
Others Revenue from the “Others” segment, which includes insurance broking services, was \u20b9257 crore. Segment results before interest and tax for this category showed a loss of \u20b922 crore for the quarter.<\/p>\n\n\n\n<\/figure>\n\n\n\n
Full-Year Results Context<\/strong><\/h2>\n\n\n\n
For the nine-month period (April to December 2025), consolidated revenue was \u20b957,757 crore, reflecting a directional growth of 6% over the \u20b954,453 crore reported for the same period in the previous year. Consolidated profit after tax for the nine-month period contracted to \u20b91,236 crore, compared to \u20b91,855 crore in the prior-year period.<\/p>\n\n\n\n
Business & Operations Update<\/strong><\/h2>\n\n\n\n
Tata Motors launched 17 next-generation trucks during the quarter and introduced the Azura series for the intermediate, light, and medium commercial vehicle (ILMCV) segment. The company unveiled a Euro 6 range of vehicles tailored for the Middle East and North Africa regions. Operational developments included the demerger of the commercial vehicles business from Tata Motors Passenger Vehicles Ltd (TMPVL), which became effective on October 1, 2025. Regulatory changes included the notification of the Extended Producer Responsibility (EPR) for End of Life of Vehicles in January 2025, effective from April 1, 2025.<\/p>\n\n\n\n
M&A or Strategic Moves<\/strong><\/h2>\n\n\n\n
The Board of Directors approved a composite scheme of amalgamation to merge wholly owned subsidiaries TMF Holdings Limited and TMF Business Services Ltd with TML. Additionally, the company announced an agreement to acquire Iveco Group N.V.\u2019s common shares through an all-cash voluntary tender offer for approximately \u20b938,200 crore (\u20ac3.8 billion). The transaction is subject to regulatory approvals and the separation of Iveco’s defense business.<\/p>\n\n\n\n
Guidance & Outlook<\/strong><\/h2>\n\n\n\n
Management expects demand to strengthen in the fourth quarter of FY26. Key industry drivers for 2026 include government infrastructure spending and expansion in end-use sectors. In the CV Passenger segment, the company anticipates initiated deliveries against a government order book exceeding 6,000 units.<\/p>\n\n\n\n
Performance Summary<\/strong><\/h2>\n\n\n\n
Consolidated revenue increased 16% to \u20b921,847 crore. Net profit for the period contracted to \u20b9705 crore. The Commercial Vehicles segment reported a 17% revenue increase and 10.6% EBIT margin. Total investment spending for the nine-month period reached approximately \u20b92,000 crore.<\/p>\n\n\n\n
Tata Motors Limited (NSE: TMCV) reported its consolidated financial results for the third quarter ended December 31, 2025, showing an increase in revenue alongside a contraction in net profit. Latest Quarterly Results The company\u2019s consolidated revenue for the third quarter stood at \u20b921,847 crore, representing a 16% increase compared to \u20b918,819 crore in the same […]<\/p>\n","protected":false},"author":2401,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941,5753],"tags":[80,9744,9403,15009,15010],"class_list":["post-178373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-industrials","tag-automobile","tag-commercial-vehicles","tag-infrastructure","tag-nse","tag-tata-motors"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145939,"url":"https:\/\/alphastreet.com\/india\/tata-motors-limited-q4fy23-revenue-soars-by-35-percent\/","url_meta":{"origin":178373,"position":0},"title":"Tata Motors limited Q4FY23 revenue soars by 35 percent","author":"Chirag Gupta","date":"May 12, 2023","format":false,"excerpt":"Tata Motors Limited reported Total revenue for Q4 FY23 of \u20b91,05,932 Crore, up from \u20b978,439 Crore year on year depicting a growth of 35%.\u00a0Consolidated Net Profit of \u20b95,496 Crore, up 654% from -(\u20b9992) Crore in the same quarter of the previous year.\u00a0 The Earnings per Share is \u20b914.2, up 626%\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/f25e1e77-2c6c-41d5-8462-c398dd4e7c12.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179180,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-q3-profit-hit-by-global-soda-ash-oversupply-announces-new-%e2%82%b9515-crore-investment\/","url_meta":{"origin":178373,"position":1},"title":"Tata Chemicals Q3 profit hit by global soda ash oversupply; announces new \u20b9515 crore investment","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"Tata Chemicals Ltd (BSE: 500770; NSE TATACHEM) reported a consolidated loss for the third quarter on Monday, as a global glut in soda ash markets and softening prices overshadowed higher domestic volumes. 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<\/figure>\n\n\n\n