Auto sales in May 2025: M&M wholesale numbers up 21%, Tata Motors posted an 11% dip in wholesale numbers
Tata, Mahindra, JSW MG Motor, Hyundai , Kia Corp and the ministry of heavy industries did not respond to requests for comment
Tata Motors, TCS, Tata Steel, L&T, Dr Lal PathLabs, Nuvama Wealth Management, HDFC Asset Management Company, and 19 other companies are set to remain in focus following their dividend announcements
Analysts at Nomura also flagged a looming production risk starting June, arising from China's export restrictions on rare earth magnets-used across both EV and ICE components.
Tata Motors has paid Rs 38,892 crore in tax and other contributions globally in 2024-25, a dip of 1 per cent as compared with Rs 39,344 crore in the FY24, according to its inaugural Tax Transparency Report. Direct contributions, including, corporate income tax, surcharge and cess stood at Rs 25,766 crore last fiscal as compared with Rs 29,199 crore in 2023-24 fiscal, as per the report. Indirect contributions, including withholding taxes collected from employee/payroll taxes, stood at Rs 12,189 crore in FY25, an increase of 31 per cent against Rs 9,284 crore in 2023-24 fiscal. Other contributions, including provisions for Provident Fund and Employee Pension Scheme, stood at Rs 937 crore last fiscal. It stood at Rs 861 crore in 2023-24 financial year. For the 2024-25 fiscal, the company's consolidated net profit stood at Rs 28,149 crore, compared to Rs 31,807 crore in the preceding financial year. Its total revenue in FY25 was Rs 4,39,695 crore, as against Rs 4,34,016 crore in ...
Tata Motors shares jump 3 per cent in trade, company eyes to regain its market share of 50 per cent
Tata Motors, the leader in the domestic electric passenger vehicle segment, is seeking to regain its market share of 50 per cent in the mid-to-long term through expansion and renewal of its product portfolio, according to a top company official. With the domestic electric passenger vehicle market fragmenting into four distinct segments on the basis of price points, the company will be entering the above Rs 20 lakh category with its upcoming Harrier.ev and Sierra.ev, Tata Motors Passenger Vehicle and Tata Passenger Electric Mobility Managing Director Shailesh Chandra told PTI here in an interview. The company is working to make the total cost of ownership (TCO) of its EVs in the fleet segment comparable to that of CNG vehicles to regain volumes, he added. "We have the aspiration of sustaining our market share beyond 50 per cent in the mid to long term...We would aspire to be at a 50 per cent market share by having a very wide product portfolio and products which are aligned to the ..
India could see the introduction of more Range Rover limited edition trims, specially curated for the country, to cater to the diverse set of customers in the market, according to a top company executive. The brand is looking at enhancing its presence as it anticipates growth in the Indian market with the number of high-net-worth individuals expected to rise at a fast clip by the end of this decade. In an interaction with PTI here, the global Managing Director of the Range Rover brand Martin Limpert said that with localisation to a certain extent, the brand has been able to offer products for customers seeking value for money. Under its House of Brands positioning, Jaguar Land Rover plans to develop individual growth strategies for its four brands -- Jaguar, Range Rover, Discovery, and Defender, each catering to a specific audience and retail landscape. Range Rover has already announced the local manufacturing of Range Rover and Range Rover Sport in India. "At the same time, we ha
Tata Motors chairman N Chandrasekaran has said that the demerger will enhance agility, boost EV focus, and integrate AI to deliver long-term value
The combined consolidated adjusted net profit of listed Tata group fell 0.1 per cent Year-on-Year to Rs 90,547 crore in FY25 from Rs 90,630 crore in the previous financial year
The 25,000-30,000 units a month premium hatchback segment accounts for nearly 6-7 per cent of passenger vehicle (PV) sales, and is dominated by models like Baleno of Maruti Suzuki
Tata Motors expects to maintain low single-digit growth in passenger vehicle sales this fiscal in line with the overall industry estimate, with the company betting on premium hatchback sales to bounce back with the introduction of its all-new version of Altroz, a top company official said on Thursday. The company is looking to regain 25 per cent share in the premium hatchback segment, having seen it fall in the last one-and-a-half year, Tata Motors Passenger Vehicle Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra told PTI here in an interview. However, it has paused plans to introduce an electric version of the premium hatchback Altroz due to overcrowding in the price segment in which it was envisaged to be positioned, he said. The all-new Altroz has been launched with introductory prices ranging from Rs 6.89 lakh to Rs 11.29 lakh across petrol, CNG and diesel variants. "I am also going with the triangulated view coming from various agencies, ...
Two-wheeler owners finding upward mobility challenging
Tata Motors aims to strengthen its electric vehicle range, as well as enhance the value proposition of existing nameplates, as part of its plans to make EVs mainstream in the domestic passenger vehicle market. The Mumbai-based auto major is gearing up to launch Harrier.ev this fiscal and Sierra.ev subsequently, besides multiple interventions on existing models. Tata Motors sold about 65,000 EVs in FY25, a drop of 10 per cent as compared with FY24. "Strengthening EV portfolio with new launches, as we also strengthen the value proposition of existing products," it said in a post-result investor presentation. The company aims at continued efforts towards mainstreaming EVs, with focused market development and ecosystem actions, it noted while outlining the focus areas for sustainable growth in the passenger vehicles segment in FY26. On the internal combustion engine vehicle segment, the company said it aims at "leveraging its strongest and freshest portfolio yet, with product ...
Tata Motors on Thursday said it has partnered with electric mobility solutions provider, Vertelo for customised leasing solutions for electric commercial vehicles and to help fleet owners transition to sustainable mobility. The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio, Tata Motors said in a statement. This partnership with Vertelo marks a significant milestone in the journey to democratise electric mobility, ensuring that accessibility to sustainable transportation solutions is extended to all customers, enabling broader access to the company's advanced electric commercial vehicles. Tata Motors Commercial Vehicles, Vice President & Business Head Trucks, Rajesh Kaul said. "Through such collaborations, we are not just accelerating the adoption of sustainable transport solutions but also contributing to the development of a robust EV ecosystem in ...
While the India business performance was broadly in line with brokerage estimates, the Jaguar Land Rover or JLR unit's operating show came in lower than expected
Q4 results highlights: Hindustan Aeronautics, Lupin, Eicher Motors, and financial services firm Muthoot Finance will be among 126 companies to release their earnings today. Catch the updates here
Shares of Tata Motors on Wednesday dropped over 1 per cent after the firm reported a 51 per cent decline in consolidated net profit for the March quarter. The company's stock dipped 1.26 per cent to settle at Rs 699 on the BSE. During the day, it dropped 3 per cent to Rs 686 apiece. On the NSE, it slipped 1.05 per cent to Rs 700.20 a share. Tata Motors on Tuesday reported a 51 per cent decline in consolidated net profit to Rs 8,556 crore for the March quarter, hit by lower volumes and operating leverage. The auto major had posted a consolidated net profit of Rs 17,528 crore in the fourth quarter of the previous fiscal year, Tata Motors said in a regulatory filing. Its total revenue from operations stood at Rs 1,19,503 crore, as against Rs 1,19,033 crore in the year-ago period, it added. For the 2024-25 fiscal, the company's consolidated net profit was Rs 28,149 crore, compared to Rs 31,807 crore in the preceding financial year. The total revenue in FY25 was Rs 4,39,695 crore, as
Tata Motors' consolidated net profit tanked 51.2 per cent year-on-year (Y-o-Y) to ₹8,556 crore in the March quarter of financial year 2025 (Q4FY25), from ₹17,528 crore in Q4FY24.
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.