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TMPV Q4 Results: Tata Motors Passenger Vehicles (TMPV) reported a 32 per cent year-on-year decline in consolidated net profit to Rs 5,783 crore for the fourth quarter of FY26, compared with the corresponding period last year. Despite the fall in profitability, the auto major reported growth in revenue during the quarter and announced a final dividend for shareholders.
The company’s board recommended a final dividend of Rs 3 per equity share for the financial year ended March 2026. The dividend, subject to shareholder approval at the annual general meeting, is expected to be paid on or before July 14, 2026.
Tata Motors PV reported consolidated revenue from operations of Rs 1.05 lakh crore in the January-March quarter, registering a 7 per cent year-on-year increase.
On a standalone basis, the company posted revenue of Rs 18,598 crore for Q4FY26, marking a strong 43 per cent rise compared with the same quarter last year.
However, standalone profit after tax declined sharply and came in at Rs 455 crore during the quarter.
The company reported an EBITDA margin of 9.4 per cent for the quarter, reflecting pressure on profitability amid changing product mix, higher costs and industry-wide competitive intensity.
The earnings performance comes at a time when the domestic passenger vehicle market continues to witness mixed demand trends, especially in the electric vehicle and premium utility vehicle segments.
Tata Motors Passenger Vehicles continues to focus on strengthening its SUV and electric vehicle portfolio amid rising competition in the Indian automobile market.
The company has maintained a strong position in the EV segment with products such as the Nexon EV, Punch EV and Tiago EV, while also expanding its premium and utility vehicle offerings.
Industry analysts believe demand recovery, new launches and easing input costs could support margins going forward, although competition and pricing pressures are expected to remain key monitorables.