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.
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
Q4 FY25 company results: GAIL (India), Aditya Birla Capital, and GlaxoSmithKline Pharmaceuticals will also be releasing their Jan-March quarter results on May 13
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.