Tata Motors reported a 10% year-on-year decline in profit for Q2 FY25, with net profit standing at ₹3,450 crore. The decrease in profit has been attributed to a temporary aluminium supply constraint and cars being held for quality checks, which impacted the production process.
Key Financial Highlights for Q2 FY25
- Consolidated Revenue: ₹1,01,450 crore, down by 3.5% YoY.
- Jaguar Land Rover (JLR): Revenue at £6,475 million, declining 5.6% YoY.
- Tata Commercial Vehicles: Revenue of ₹17,288 crore, down by 13.9% YoY.
- Tata Passenger Vehicles: Revenue at ₹11,700 crore, a 3.9% decrease YoY.
Segmental Performance
- EBITDA Margin:
- Consolidated: 11.4%, down by 230 basis points (bps) YoY.
- JLR: 11.7%, decreasing by 320 bps.
- Tata Commercial Vehicles: 10.8%, with a slight improvement of 40 bps.
- Tata Passenger Vehicles: 6.2%, down by 30 bps.
- EBIT Margin:
- Consolidated: 5.6%, a 190 bps reduction YoY.
- JLR: 5.1%, down by 220 bps.
- Tata Commercial Vehicles: 7.8%, down by 10 bps.
- Tata Passenger Vehicles: 0.1%, with a significant decrease of 170 bps.
Profit Before Tax (PBT)
- Consolidated PBT: ₹5,768 crore, down by ₹391 crore YoY.
- JLR PBT: £398 million.
- Tata Commercial Vehicles PBT: ₹1,314 crore, down by ₹212 crore YoY.
- Tata Passenger Vehicles PBT: ₹229 crore, down by ₹67 crore YoY.
