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Tata Motors PV falls 5% after Q1 margin miss despite strong India revenue growth

Tata Motors Passenger Vehicles shares fell after Q1 FY27 results. India PV revenue grew 66% on higher realisations, but margins missed estimates amid staff and input costs. Brokerages cited domestic demand, commodity headwinds, JLR recovery and upcoming model launches in divergent outlooks.

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07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

Market capitalisation: Rs 1.22 lakh crore
India PV revenue rose 66% to Rs 18,290 crore
India PV EBITDA rose 74% to Rs 760 crore
India PV EBITDA margin: 4.3%
JLR revenue fell 10% to GBP 6 billion
JLR EBITDA fell 22% to GBP 481 million
Motilal Oswal target: Rs 310
HSBC target: Rs 360
Nuvama target: Rs 450
CLSA target: Rs 452

Other figures

  • Shares fell 5% to Rs 330

The source

Source Read the source at Business Today

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