Tata Motors Ltd Share Price – NSE  / BSE

Automobile, Mid Cap

The Tata Motors Group global wholesales in Q3 FY25, including Jaguar Land Rover** were at 341,791 nos., higher by 1%, as compared to Q3 FY24.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in Q3 FY25 were at 97,535 nos., lower by 1%, over Q3 FY24.

Global wholesales of Tata Motors passenger vehicles* in Q3 FY25 were at 139,829 nos., higher by 1% as compared to Q3 FY24.

Global wholesales for Jaguar Land Rover** were 104,427 vehicles, higher by 3% as compared to Q3 FY24.

Jaguar wholesales for the quarter were 5,604 vehicles, while Land Rover wholesales for the quarter were 98,823 vehicles.

*Tata Motors passenger vehicles includes sales of electric vehicles

**JLR number does not include CJLR volumes (CJLR - It is a JV between JLR and Chery Automobiles

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Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in the third quarter of FY25 stood at 97,535 units, lower by 1% over the same period a year ago.

Global wholesales of passenger vehicles in the December 2024 quarter stood at 1,39,829 units, up 1% on a YoY basis.

Global wholesales for Jaguar Land Rover were 104,427 vehicles, higher by 3% YoY, due to an improvement following supply disruptions in the second quarter of FY25. Jaguar wholesales for the quarter were 5,604 vehicles, while Land Rover wholesales for the quarter were 98,823 vehicles.

Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks and buses.

The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24.

The counter declined 1.92% to Rs 779.55 on the BSE.

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The JLR wholesale volumes increased due to an improvement following supply disruptions in the second quarter of FY25.

Wholesale volumes were higher in North America (up 44% YoY) and Europe (up 6% YoY), and lower in China (down 38% YoY), the UK (down 17% YoY) and Overseas (down 1% YoY) during the period under review.

Wholesale volumes for JLR’s three best-selling models for Q3 FY25 were up 22% for Range Rover, up 17% for Range Rover Sport, and up 13% for Defender, compared to Q3 FY24.

Retail sales stood at 106,334 units in the third quarter FY25 (including the Chery Jaguar Land Rover China JV) were down 3% compared to Q3 FY24 and up 3% compared to Q2 FY25.

The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models increased to 70% of total wholesale volumes. In the quarter, demand for Range Rover was particularly strong with wholesale volumes up 48% compared to Q2 FY25, partly due to the resolution of temporary supply chain disruptions, but also up 22% compared to the same quarter a year ago, representing continued strong demand.

Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks, and buses.

The company reported a 9.97% decline in consolidated net profit to Rs 3,450 crore on a 3.74% fall in revenue from operations to Rs 104,444 crore in Q2 FY25 over Q2 FY24.

The counter declined 1.87% to Rs 780 on the BSE.

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JLR today reported increased wholesale volumes for the third quarter of FY25 (three-month period to 31 December 2024), reflecting an improvement following supply disruptions in the second quarter of FY25.

Wholesale volumes of 104,427 units in the third quarter of FY25 (excluding the Chery Jaguar Land Rover China JV) were up 3% compared to the same quarter a year ago and up 20% compared to the prior quarter ended 30 September 2024. Compared to the prior year, wholesale volumes were higher in North America (+44%) and Europe (+6%), and lower in China (-38%), the UK (-17%) and Overseas (- 1%). Wholesale volumes for the financial year to date were 289,485, down 1% compared to the prior year.

Retail sales of 106,334 units in the third quarter (including the Chery Jaguar Land Rover China JV) were down 3% compared to Q3 FY24 and up 3% compared to Q2 FY25. Retail sales for the financial year to date were 320,622, up 1% compared to the prior year.

The overall mix of the most profitable Range Rover, Range Rover Sport and Defender models increased to 70% of total wholesale volumes. In the quarter, demand for Range Rover was particularly strong with wholesale volumes up 48% compared to Q2 FY25, partly due to the resolution of temporary supply chain disruptions, but also up 22% compared to the same quarter a year ago, representing continued strong demand

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