Q4 scorecard: Tata Motors profit slumps 32%, United Spirits jumps 28%, Voltas halves

Mixed Q4 FY26 print across consumer-facing names. Tata Motors net profit fell 31.7% as JLR revenue dropped 11.1% YoY to £6.9bn. United Spirits delivered profit growth of 28% on 3.7% revenue uptick. Voltas profit halved to Rs 116 cr. Apollo Tyres, LT Foods, Shadowfax posted 14-74% revenue growth. Devyani, VIP, Arvind, Bajaj Electricals report Friday.

— Filed Fri, 15 May, 2026, 07:50 IST · Source NDTV Profit · Updated

Q4 earnings round-up: Tata Motors PV profit fell 31.7% with JLR revenue down 11.1%; United Spirits profit up 28%; Voltas profit halved; Apollo Tyres, Shadowfax, LT Foods posted strong revenue growth. Devyani, VIP, Arvind, Bajaj Electricals report Friday.

Why this matters

Tata Motors Q4 print marks a sharp earnings reversal driven by JLR's double-digit revenue decline, contrasting with United Spirits' margin-led profit jump and Voltas' steep profit halving across consumer-facing names.

Retail-company signals steady at 249 in last 90d, reflecting consistent earnings flow.