Tata maps 3-year fix for new-business losses as FY26 hole swells to Rs 29,000 crore
Chairman N Chandrasekaran has unveiled a three-year roadmap to stem losses across Tata's new businesses, after combined FY26 losses ballooned to Rs 29,000 crore versus an earlier Rs 5,700 crore projection. Noel Tata pressed on BigBasket's thin margins and Croma's profitability path; Air India alone accounts for Rs 26,800 crore of the FY26 drag.
What happened
Tata Sons chairman Chandrasekaran presented a 3-year plan to cut losses in new businesses including Tata Digital (BigBasket, Croma) and Air India, after
Key facts
- Rs 29,000 crore FY26 combined losses
- Rs 5,700 crore earlier projection
- Rs 26,800 crore Air India FY26 loss
- Rs 1 lakh crore Tata Electronics revenue
- 3-year roadmap
Why this matters
Expect portfolio rationalization signals from Bombay House—watch for non-core divestitures, JV recuts, or capital partner conversations in BigBasket and Croma as the group ring-fences Air India's Rs 26,800 cr drag.