Tata Motors PV Q1 FY27 Profit Falls 80% Despite Revenue Growth

$TMPV Tata Motors Passenger Vehicles (TMPV) announced its Q1 FY27 results today, showing a net profit of ₹775 crore, down 80% YoY from ₹3,924 crore in the same quarter last year. Despite this, the company’s revenue from operations rose 9% YoY to ₹95,799 crore, compared to ₹87,677 crore in Q1 FY26. The decline in profitability was attributed to higher input costs, weaker margins, and foreign exchange impacts, even as overall sales volumes remained strong. Tata Motors highlighted that demand for passenger vehicles continues to grow, supported by new launches in the EV segment, but profitability pressures remain a concern.