Tata Motors PV: Q4 profit slips 32%, but EV volumes hit record 92,000 units in FY
Tata Motors PV reported Q4 net profit of Rs 5,783 cr (-32% YoY) on revenue of Rs 1.05 lakh cr (+7%). PV/EV volumes jumped 37% to 2.01 lakh units; quarterly PV revenue rose 49% to Rs 18,700 cr. FY EV volumes hit 92,000 units (+43%). Board declared 150% final dividend (Rs 3/share).
What happened
Tata Motors Passenger Vehicles · Tata Motors PV Q4 net profit fell 32% YoY to Rs 5,783 cr while revenue rose 7% to Rs 1.05 lakh cr. PV/EV volumes grew 37%, EVs
Key facts
- Q4 net profit Rs 5,783 cr (-31.72% YoY)
- Revenue Rs 1,05,447 cr (+7.19% YoY)
- PV/EV volumes 2,01,800 units (+37% YoY)
- Quarterly PV revenue Rs 18,700 cr (+49% YoY)
- EBITDA margin 9.4% (+150 bps)
- EBIT margin 4.7% (+310 bps)
- FY annual sales 6.4 lakh units (+15% YoY)
- EV volumes 92,000 units (+43% YoY)
- Sierra deliveries ~30,000 units
- Final dividend Rs 3/share (150%)
- Share price Rs 338 (+0.34%)
Why this matters
Tata's EV lead (92k units FY) creates a widening moat in Indian electrification—partnership, charging-infra, and battery-supply M&A windows are narrowing for challengers who haven't already moved.