Tata Motors Passenger Vehicles Limited (TMPVL) on Thursday reported consolidated revenue of ₹1,05,447 crore for the fourth quarter of FY26, up 7.2 per cent year-on-year, as a recovery in Jaguar Land Rover production and record domestic volumes helped the company close a turbulent year on a stronger note.
The board, which met on May 14, 2026, approved the audited standalone and consolidated financial results for Q4 and full-year FY26. It also recommended a final dividend of ₹3 per share of ₹2 face value, subject to shareholder approval at the 81st Annual General Meeting scheduled for July 8, 2026.
For the full year FY26, consolidated revenue declined 8.3 per cent to ₹3,35,582 crore. EBITDA margin contracted 660 basis points to 6.8 per cent, while EBIT margin fell to 1.1 per cent. Profit before tax before exceptional items stood at ₹2,519 crore, sharply lower than the prior year. After exceptional charges of ₹4,142 crore — including cyber-incident related costs of ₹2,786 crore and employee separation costs — the company reported a loss before tax of ₹1,623 crore from continuing operations.
JLR remained the primary pressure point. Full-year revenue fell 20.9 per cent to £22.9 billion, with EBIT margin collapsing to 0.7 per cent from 8.5 per cent in FY25. The cyber incident, US tariffs, a weakening China market, and the planned wind-down of outgoing Jaguar models all weighed heavily. JLR’s full-year free cash flow was negative at £2.2 billion.
The domestic passenger vehicle business was a bright spot. Tata PV posted FY26 revenues of ₹58,465 crore, up 20.7 per cent, with record annual sales crossing 6.4 lakh units. EV volumes grew 43 per cent to over 92,000 units. Market share reached 13.6 per cent on a Vahan basis, with the company claiming the No. 2 position in H2 FY26.
On the NSE, TMPVL shares (INE155A01022) closed at ₹338.75, up 0.56 per cent on the day, though the stock remains down over 51 per cent in the past year against a 52-week high of ₹744.
Published on May 14, 2026