Tata Motors Ltd. (TML) reported a revenue of ₹1,13,575 crore for the third quarter of FY25, marking a 2.7% year-on-year (YoY) increase from ₹1,10,600 crore in Q3 FY24. The company’s EBITDA margin stood at 13.7%, reflecting a decline of 60 basis points compared to the previous year. Despite supply challenges, EBIT improved by 60 basis points YoY to 8.9%, while profit before tax (PBT) before exceptional items stood at ₹7,700 crore, down ₹75 crore YoY. The net profit for Q3 FY25 was ₹5,600 crore.
Jaguar Land Rover (JLR) delivered a strong performance, with revenue rising 1.5% YoY to £7.5 billion. EBITDA margin stood at 14.2%, down 200 basis points YoY, while EBIT improved by 20 basis points to 9.0%. JLR reported a profit before tax of £523 million. Tata Passenger Vehicles (PV) revenue fell 4.3% YoY to ₹12,354 crore, though EBITDA margins improved by 120 basis points to 7.8%, aided by cost efficiencies and the Production Linked Incentive (PLI) scheme.
Tata Commercial Vehicles (CV) segment witnessed an 8.4% decline in revenue to ₹18,431 crore, primarily due to lower volumes. However, EBITDA margin expanded by 130 basis points YoY to 12.4%, driven by material cost savings and PLI incentives. The consolidated revenue for the nine months of FY25 stood at ₹3,23,074 crore, reflecting a 1.6% YoY growth. The company reported a profit before tax of ₹22,296 crore, up ₹2,821 crore over the previous year.
Looking ahead, Tata Motors remains optimistic about demand improvement, supported by infrastructure spending, stable interest rates, and a strong pipeline of product launches. JLR’s wholesale volumes are expected to rise in Q4 FY25, particularly in China. The company continues to focus on improving margins and profitability across its business segments.
