Tata Motors PV Q2 FY27: ₹5,531 Cr Loss, Revenue +34%

Tata Motors PV 🚗 swings to a ₹5,531 Cr consolidated loss in Q2 FY27 — TMPV results came after market hours on 13 Nov, so today's trade will react to them. Key numbers (Q2 FY27, consolidated): ✅ Revenue ₹96,920 Cr, up ~34% YoY (vs ₹72,349 Cr) ✅ Net loss ₹5,531 Cr, driven by an exceptional charge of ₹6,738 Cr linked to JLR restructuring and asset write-downs ✅ EBITDA margin 6.2%, up 630 bps YoY as JLR recovered from last year's cyber-incident disruption ✅ JLR revenue £5.9 bn, up ~20% YoY; JLR FY27 EBIT margin guidance revised to 2–3% ✅ Year-ago profit included large one-time gains, so the headline YoY swing is not like-for-like What to watch next: ✅ Whether exceptional charges are largely behind in H2 ✅ JLR volumes in China and the Middle East (weak this quarter) ✅ Domestic PV and EV launch momentum, plus free cash flow Loss on paper, but operations improving — how do you read this quarter: one-off pain or a deeper JLR problem? Share your view in the comments 👇 📲 For daily market notes, search "Neha Gupta SEBI RA" on Telegram and join the FREE channel. Neha Gupta | SEBI Registered Research Analyst | Reg. No. INH000016542 ⚠️ Disclaimer: This content is for educational purposes only and is not investment advice or a buy/sell recommendation. Investments in the securities market are subject to market risks. Read all related documents carefully before investing.