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TMPV shares slide as JLR weakness and margin pressure split broker views

TMPV’s June-quarter profit dropped 80.3% as JLR weakness and commodity costs compressed margins. Brokerages remain divided, while management expects high-double-digit India PV growth, doubled exports in FY27 and a JLR recovery driven by electric-model launches and cost cuts.

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Reported figures

From the report. Source details below

Shares fell nearly 6%; traded at ₹333.40 after a low of ₹329
JLR 1QFY27 EBIT margin: 2.8%
India PV 1QFY27 EBIT margin: 4.3%
JLR 1QFY27 FCF outflow: £1.0 billion
JLR FY27 guidance: approximately 4% EBIT margin and breakeven FCF
India PV expected to grow high double digits, about 2x industry growth

Also in the report

  • Consolidated net profit fell 80.3% YoY to ₹775 crore in the June quarter
  • India business exports expected to grow 100% in FY27

The source

Source Read the source at The Hindu BusinessLine

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