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
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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.
Deferred tax gain and exceptional costs dent Q4 profit for Tata Motors, though FY25 revenue and PBT hit record highs amid global challenges and tariff uncertainties
Tata Motors expects its electric passenger vehicle sales to bounce back strongly this fiscal on the back of new models and product interventions after witnessing about 10 per cent decline in sales in FY25, its group CFO PB Balaji said on Tuesday. The company is lining up to launch Harrier.ev this fiscal and Sierra.ev subsequently, besides multiple interventions on existing cars to boost EV sales, he said in an earnings call. "We sold about 65,000 units (of EVs) this year (FY25), which was about 10 per cent lower than what we sold last year (FY24)," Balaji said, adding that the decline in the company's EV sales were mainly due to a drop in fleet sales on account of withdrawal of FAME II subsidy and some of the fleet operators also getting into a few challenges. He said fleet sales as a portion of total EVs sold have come down, and Tata Motors is working on how to reverse it. He further said, "We are getting the momentum back in terms of numbers, and we hope to do pretty strongly in
The India-UK free trade agreement augurs well to keep driving JLR's performance in India as it would benefit future cars and enable customers to access global cars and global prices much faster, Tata Motors Group CFO PB Balaji said on Tuesday. On the other hand, further details and clarifications are needed to fully understand the impact on JLR after the US-UK trade deal that reduced US trade tariffs on auto exports from the UK to 10 per cent from 27.5 per cent within a quota of 1 lakh vehicles, Balaji said in an earnings call. "As far as India-UK FTA is concerned, it is a great development and augurs well for JLR...At the same time, we also wait when the FTA actually comes into force, but we believe this is going to benefit the future cars that are going to come, which means customers will be able to access these global cars and global prices much faster because of this FTA," he said. Therefore, Balaji said, "It augurs very well for continuing to drive JLR performance in India goin
The automaker has declared total income of ₹121,012 crore in the Q4 FY25, the company had reported ₹120,431 crore total income in the corresponding quarter of previous financial year
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In the previous trading session, Sensex jumped 2,975.43 points, or 3.7 per cent, to close at 82,429.90 levels. The Nifty50 closed at 24,924.7, up by 916.7 points, or 3.8 per cent.
Tata Motors shares were buzzing in trade a day ahead of Q4 results, with the stock rising up to 3.39 per cent to hit an intraday high of ₹732.55.
SRF is on the verge of a consolidation breakout as the price up move has been supported by good volumes. The 50 DEMA has acted as a support on declines where buying interest is seen
The auto-component industry which exports around $757 mn worth of parts to that country may benefit from the trade deal
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The proposal, which would give the shareholders equal stakes in both the listed entities, was approved with 99.9995% of votes, it said in an exchange filing
Tata Motors share price today: The rally in Tata Motors shares today came amid reports that the company's luxury car unit Jaguar Land Rover (JLR) may have started exports to the United States (US)