Tata Motors PV Q2 Results LIVE: Tata Motors Passenger Vehicle (TMPVL) is slated to announce its earnings for the second quarter of the financial year 2025-26 (FY26). The company, in an exchange filing, had informed that its board will meet today to consider and approve the standalone and consolidated results for Q2 FY26.
This is the first earnings announcement as an independent entity for TMPV following the Tata Motors demerger. Yesterday, November 13, Tata Motors (which houses the CV business) announced its September quarter earnings.
Tata Motors PV Q2 Review
Overall, analysts expect a strong EBITDA margin growth from Tata Motors PV despite a slowdown in the earnings for its luxury car business – Jaguar Land Rover (JLR). Excluding the JLR business, analysts anticipate a rise in the PV revenue and profit along with a healthy EBITDA.
However, JLR could see a sharp decline in volumes (owing to production shutdown amid a cyberattack). Moreover, JLR EBIT margins are expected to decline, hurt by negative operating leverage.
Tata Motors PV share price
Ahead of the earnings, TMPV share price declined nearly 2% ahead of the earnings announcement. TMPV shares traded at ₹392 on the BSE today, down 1.52% as of 12.40 pm.
Track this space for all the LIVE updates on Tata Motors PV Q2 earnings
