Q4 Mixed Bag: Tata Motors PV PAT Drops 31.7%, Voltas Down 52%, Apollo Tyres Surges 241%
Indian markets rebounded with Sensex up 789 pts as Q4FY26 prints showed sharp divergence. Tata Motors PV PAT fell 31.7% to Rs 5,783 cr despite 7.2% revenue growth; Voltas slumped 52% to Rs 113 cr; LT Foods slipped 15.5%. Apollo Tyres bucked trend with 241% PAT jump to Rs 631 cr. GQG exited Rs 1,435 cr Adani Ent stake to SBI MF.
What happened
Indian markets rebounded; Adani Enterprises sees GQG exit Rs 1,435 cr stake to SBI MF amid US fraud-charge resolution reports. Q4 prints: Tata Motors PV PAT
Key facts
- Sensex +789.74 pts (1.06%) to 75,398.72
- Nifty +277 pts (1.18%) to 23,689.60
- Petrol/diesel hiked Rs 3/litre
- GQG sold 58.92 lakh Adani Ent shares (0.45%) for Rs 1,435.15 cr at Rs 2,435.6
- TMPV PAT -31.7% YoY to Rs 5,783 cr; revenue Rs 1,05,447 cr (+7.2%)
- Voltas PAT -52% to Rs 113 cr
- LT Foods PAT -15.5% to Rs 135.67 cr
- Apollo Tyres PAT +241% to Rs 631 cr
Why this matters
Compressed PAT across PV, cooling, and packaged foods creates a window for opportunistic bolt-ons in distressed mid-caps while raw-material winners like Apollo Tyres trade at premium multiples.