Tata Motors Passenger Vehicles Limited (TMPV.NS), Friday announced financial results for the first half of 2026, reporting loss before tax of INR 8,070 crore compared to profit before tax of INR 4,808 crore in the previous year.
For the period ended September 30, 2025, the India-based company reported a negative EBITDA of INR 71 crore compared to an EBITDA of INR 9,267 crore in the prior year.
Revenue from operations declined to INR 72,349 crore from INR 83,658 crore last year.
In the second quarter, the automaker posted loss before tax of INR 723 crore compared to profit before tax of INR 398 crore in the earlier year.
The quarterly revenues went down to INR 4,900 crore from last year's INR 6,475 crore.
Looking ahead, the company has revised ts fiscal year 2026 outlook, expecting EBIT in the range of zero to 2 percent.
The company's stock closed at INR 391.20, down 1.70 percent on the National Stock Exchange.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.