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Economic Times
14-05-2025
- Automotive
- Economic Times
Tata Motors shares crack 3% after Q4 profit drops 51% YoY
Tata Motors shares fell 3% to the day's low of Rs 686 on BSE on Wednesday after the company reported a 51% year-on-year (YoY) decline in consolidated net profit to Rs 8,470 crore for Q4FY25. Revenue remained flat at Rs 1.19 lakh crore. However, the company outperformed Street expectations, with profit exceeding the ET Now poll estimate of Rs 7,669 crore. ADVERTISEMENT EBITDA for the quarter fell 4% YoY to Rs 16,700 crore, with margins narrowing 60 basis points to 14%. Both figures were above estimates of Rs 16,331 crore and 13.3%, respectively. On a consolidated basis, the company said the automotive business is now debt-free, reducing interest costs. "This is both pleasing and significant as it reflects healthy business fundamentals delivered by a resilient team," said PB Balaji, Group CFO, Tata Motors. Revenue for the quarter was £7.7 billion, down 1.7% YoY, while full year revenue at £29 billion was flat YoY. PBT in Q4FY25 was £875 million, up from £661 million in Q4 FY24. The increase in profitability reflects higher volumes and a reduction in depreciation and amortisation (D&A), partially offset by an increase in margin for the quarter expanded 150 bps YoY to 10.7%.Wholesales for Defender hit a new record in FY25 at 115,404 units, Range Rover Sport wholesales for the year were up 20% YoY. ADVERTISEMENT "JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender and are preparing to launch the wonderful Range Rover Electric," said Adrian Mardell, JLR said it implemented a series of short-term actions to address the immediate impact of trade tariffs introduced by the US on the global automotive sector. ADVERTISEMENT The US-UK trade deal, it said, reduces US trade tariffs on UK auto exports to the US from 27.5% to 10%, within a quota of 100,000 ahead, JLR expects investment spend to remain at £18 billion over a five year period and will be funded by operational cash flows. ADVERTISEMENT In Q4FY25, domestic wholesale CV volumes were 99,600 units, lower by 5% YoY. Exports were at 5,900 units, increasing 29.4% for the segment were marginally down by 0.5% YoY to Rs 21,500 crore cr on account of lower volumes. EBITDA and EBIT margins of 12.2% (up 20 bps YoY) and 9.7% (up 10 bps YoY), respectively were driven primarily by improvement in the full year, while overall revenues declined by 4.7%, EBITDA was up at 11.8% as mix and realisations are optimized. The business delivered highest ever profits of Rs 6,600 crore during the year. ADVERTISEMENT "Going forward, we remain committed to driving sustainable and profitable growth while improving Vahan market share across all business segments," said Girish Wagh, Executive Director, Tata Motors. PV segment volumes in the quarter were at 147,000 units, which is a decline of 5% YoY. Revenues in Q4 also declined 13% YoY to Rs 12,500 crore. EBIT margin for the segment contracted 130 bps to 1.6%, impacted by lower volumes and realizations, partially offset by cost savings and incentives. In Q4, PV (ICE) business delivered EBITDA margins of 8.2% and EV business was EBITDA positive at 6.5%. On full year basis, the PV business revenue declined by 7.5%. The decline in revenues was primarily on account of decline in hatches EBITDA margins improved by 40 bps, whereas EBIT margins declined by 110 bps due to adverse operating leverage and increase in depreciation and amortization."In a year marked by fluctuating demand, Tata Motors Passenger Vehicles led the industry in SUV growth and outpaced the market in CNG sales. Our multi-powertrain strategy and strong commitment to sustainable mobility enabled us to increase the share of CNG and electric vehicles to 36% of our overall portfolio," said Shailesh Chandra, MD, Tata Motors Passenger forward, the company said industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. "SUVs, CNG, and EVs will remain key growth drivers, fueling the industry's expansion."Overall, free cash flow (automotive) for the year stood at Rs 22,400 crore as compared to Rs 26,900 crore in FY24, owing to cash profits and favourable working capital. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
14-05-2025
- Automotive
- Time of India
Tata Motors shares crack 3% after Q4 profit drops 51% YoY
Tata Motors shares fell 3per cent to the day's low of ₹686 on BSE on Wednesday after the company reported a 51per cent year-on-year (YoY) decline in consolidated net profit to ₹8,470 crore for Q4FY25. Revenue remained flat at ₹1.19 lakh crore. However, the company outperformed Street expectations, with profit exceeding the ET Now poll estimate of ₹7,669 crore. EBITDA for the quarter fell 4per cent YoY to ₹16,700 crore, with margins narrowing 60 basis points to 14per cent . Both figures were above estimates of ₹16,331 crore and 13.3per cent , respectively. On a consolidated basis, the company said the automotive business is now debt-free, reducing interest costs. "This is both pleasing and significant as it reflects healthy business fundamentals delivered by a resilient team," said PB Balaji, Group CFO, Tata Motors . Jaguar Land Rover Revenue for the quarter was £7.7 billion, down 1.7per cent YoY, while full year revenue at £29 billion was flat YoY. PBT in Q4FY25 was £875 million, up from £661 million in Q4 FY24. The increase in profitability reflects higher volumes and a reduction in depreciation and amortisation (D&A), partially offset by an increase in VME. EBIT margin for the quarter expanded 150 bps YoY to 10.7per cent . Wholesales for Defender hit a new record in FY25 at 115,404 units, Range Rover Sport wholesales for the year were up 20per cent YoY. "JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender and are preparing to launch the wonderful Range Rover Electric," said Adrian Mardell, JLR CEO. JLR said it implemented a series of short-term actions to address the immediate impact of trade tariffs introduced by the US on the global automotive sector. The US-UK trade deal, it said, reduces US trade tariffs on UK auto exports to the US from 27.5per cent to 10per cent , within a quota of 100,000 vehicles. Looking ahead, JLR expects investment spend to remain at £18 billion over a five year period and will be funded by operational cash flows. Commercial Vehicles In Q4FY25, domestic wholesale CV volumes were 99,600 units, lower by 5per cent YoY. Exports were at 5,900 units, increasing 29.4per cent YoY. Revenues for the segment were marginally down by 0.5per cent YoY to ₹21,500 crore cr on account of lower volumes. EBITDA and EBIT margins of 12.2per cent (up 20 bps YoY) and 9.7per cent (up 10 bps YoY), respectively were driven primarily by improvement in realizations. For the full year, while overall revenues declined by 4.7per cent , EBITDA was up at 11.8per cent as mix and realisations are optimized. The business delivered highest ever profits of ₹6,600 crore during the year. "Going forward, we remain committed to driving sustainable and profitable growth while improving Vahan market share across all business segments," said Girish Wagh, Executive Director, Tata Motors. Passenger Vehicles PV segment volumes in the quarter were at 147,000 units, which is a decline of 5per cent YoY. Revenues in Q4 also declined 13per cent YoY to ₹12,500 crore. EBIT margin for the segment contracted 130 bps to 1.6per cent , impacted by lower volumes and realizations, partially offset by cost savings and incentives. In Q4, PV (ICE) business delivered EBITDA margins of 8.2per cent and EV business was EBITDA positive at 6.5per cent . On full year basis, the PV business revenue declined by 7.5per cent . The decline in revenues was primarily on account of decline in hatches volumes. FY25 EBITDA margins improved by 40 bps, whereas EBIT margins declined by 110 bps due to adverse operating leverage and increase in depreciation and amortization. "In a year marked by fluctuating demand, Tata Motors Passenger Vehicles led the industry in SUV growth and outpaced the market in CNG sales. Our multi-powertrain strategy and strong commitment to sustainable mobility enabled us to increase the share of CNG and electric vehicles to 36per cent of our overall portfolio," said Shailesh Chandra, MD, Tata Motors Passenger Vehicles. Going forward, the company said industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. "SUVs, CNG, and EVs will remain key growth drivers, fueling the industry's expansion." Overall, free cash flow (automotive) for the year stood at ₹22,400 crore as compared to ₹26,900 crore in FY24, owing to cash profits and favourable working capital.
Time of India
14-05-2025
- Automotive
- Time of India
Tata Motors shares in focus after Q4 profit drops 51% YoY but beats estimates
Tata Motors shares will be in focus on Wednesday after the company reported a 51% year-on-year fall in consolidated net profit at Rs 8,470 crore for Q4FY25. Revenue remained flat at Rs 1.19 lakh crore. However, the company outperformed Street expectations, with profit beating the ET Now poll estimate of Rs 7,669 crore. EBITDA for the quarter fell 4% YoY to Rs 16,700 crore, with margins narrowing 60 basis points to 14%. Both figures were above estimates of Rs 16,331 crore and 13.3%, respectively. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks Undo On a consolidated basis, the company said the automotive business is now debt-free, reducing interest costs. "This is both pleasing and significant as it reflects healthy business fundamentals delivered by a resilient team," said PB Balaji, Group CFO, Tata Motors. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Jaguar Land Rover Revenue for the quarter was £7.7 billion, down 1.7% YoY, while full year revenue at £29 billion was flat YoY. PBT in Q4FY25 was £875 million, up from £661 million in Q4 FY24. The increase in profitability reflects higher volumes and a reduction in depreciation and amortisation (D&A), partially offset by an increase in VME. Live Events EBIT margin for the quarter expanded 150 bps YoY to 10.7%. Wholesales for Defender hit a new record in FY25 at 115,404 units, Range Rover Sport wholesales for the year were up 20% YoY. "JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender and are preparing to launch the wonderful Range Rover Electric," said Adrian Mardell, JLR CEO. JLR said it implemented a series of short-term actions to address the immediate impact of trade tariffs introduced by the US on the global automotive sector. The US-UK trade deal, it said, reduces US trade tariffs on UK auto exports to the US from 27.5% to 10%, within a quota of 100,000 vehicles. Looking ahead, JLR expects investment spend to remain at £18 billion over a five year period and will be funded by operational cash flows. Commercial Vehicles In Q4FY25, domestic wholesale CV volumes were 99,600 units, lower by 5% YoY. Exports were at 5,900 units, increasing 29.4% YoY. Revenues for the segment were marginally down by 0.5% YoY to Rs 21,500 crore cr on account of lower volumes. EBITDA and EBIT margins of 12.2% (up 20 bps YoY) and 9.7% (up 10 bps YoY), respectively were driven primarily by improvement in realizations. For the full year, while overall revenues declined by 4.7%, EBITDA was up at 11.8% as mix and realisations are optimized. The business delivered highest ever profits of Rs 6,600 crore during the year. "Going forward, we remain committed to driving sustainable and profitable growth while improving Vahan market share across all business segments," said Girish Wagh, Executive Director, Tata Motors. Passenger Vehicles PV segment volumes in the quarter were at 147,000 units, which is a decline of 5% YoY. Revenues in Q4 also declined 13% YoY to Rs 12,500 crore. EBIT margin for the segment contracted 130 bps to 1.6%, impacted by lower volumes and realizations, partially offset by cost savings and incentives. In Q4, PV (ICE) business delivered EBITDA margins of 8.2% and EV business was EBITDA positive at 6.5%. On full year basis, the PV business revenue declined by 7.5%. The decline in revenues was primarily on account of decline in hatches volumes. FY25 EBITDA margins improved by 40 bps, whereas EBIT margins declined by 110 bps due to adverse operating leverage and increase in depreciation and amortization. "In a year marked by fluctuating demand, Tata Motors Passenger Vehicles led the industry in SUV growth and outpaced the market in CNG sales. Our multi-powertrain strategy and strong commitment to sustainable mobility enabled us to increase the share of CNG and electric vehicles to 36% of our overall portfolio," said Shailesh Chandra, MD, Tata Motors Passenger Vehicles. Going forward, the company said industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. "SUVs, CNG, and EVs will remain key growth drivers, fueling the industry's expansion." Overall, free cash flow (automotive) for the year stood at Rs 22,400 crore as compared to Rs 26,900 crore in FY24, owing to cash profits and favourable working capital. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
13-05-2025
- Automotive
- Time of India
Tata Motors' Q4 FY25 net profit shrinks 51% to ₹8,470 crore
Tata Motors reported a 51 per cent drop in its consolidated net profit, amounting to ₹8,470 crore, for the quarter ending March 2025, while revenue remained flat at ₹1.19 lakh crore. Its luxury segment, Jaguar Land Rover, reported a slight decrease in revenue, but profitability increased, driven by higher volumes and reduced depreciation. Its commercial vehicle volumes experienced a dip domestically but exports rose, with optimised mix and realisations boosting profits. Passenger vehicle volumes and revenues declined, though SUVs, CNG, and EVs are expected to drive future growth; the automotive business is now debt-free, and free cash flow stood at ₹22,400 crore. The Board of Directors has proposed a final dividend of ₹6 per share, which is contingent upon the approval of the shareholders. The company's EBITDA for the quarter experienced a 4 per cent decrease Y-o-Y, settling at ₹16,700 crore, while the EBIT reached ₹11,500 crore. During the same quarter, EBITDA margins experienced a decrease of 60 basis points, falling to 14 per cent. JLR sales Jaguar Land Rover's revenue for the quarter was £7.7 billion, marking a 1.7 per cent decrease compared to the previous year. However, the full-year revenue remained flat Y-o-Y at £29 billion. The Profit Before Tax (PBT) for Q4FY25 stood at £875 million, showing an increase from £661 million in Q4 FY24. The company attributed this increase in profitability to higher sales volumes and a reduction in depreciation and amortization (D&A), which was partially offset by an increase in Variable Marketing Expense (VME). The EBIT margin for the quarter saw an expansion of 150 basis points Y-o-Y, reaching 10.7per cent. Wholesales for the Defender model reached a new record in FY25, totaling 115,404 units. Range Rover Sport wholesales for the year experienced a 20per cent increase compared to the previous year. "JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender and are preparing to launch the wonderful Range Rover Electric," said Adrian Mardell, JLR CEO. JLR stated that it had implemented a series of short-term measures to mitigate the immediate effects of trade tariffs imposed by the US on the global automotive sector. According to JLR, the US-UK trade agreement has led to a reduction in US trade tariffs on UK auto exports to the US, decreasing them from 27.5per centto 10per centwithin a quota of 100,000 vehicles. Looking ahead, JLR anticipates that investment spending will remain at £18 billion over a five-year period, which will be funded through operational cash flows. CV sales In the commercial vehicles segment, domestic wholesale volumes for Q4FY25 amounted to 99,600 units, reflecting a 5 per cent decrease compared to the previous year. Exports reached 5,900 units, showing a 29.4 per cent increase Y-o-Y. Revenues for the segment experienced a marginal decrease of 0.5 per cent Y-o-Y, amounting to ₹21,500 crore, primarily due to lower volumes. Girish Wagh, Executive Director Tata Motors, said ' Our focus on profitable growth enabled the CV business to deliver annual revenues of ₹ 75.1K cr and PBT (bei) of ₹6.6K cr and strong ROCE of 37.7per cent in FY25. Going forward, we remain committed to driving sustainable and profitable growth while improving Vahan market share across all business segments.' PV sales In the passenger vehicles segment, volumes for the quarter reached 147,000 units, marking a 5 per cent decrease compared to the previous year. Revenues in Q4 also declined by 13 per cent Y-o-Y, amounting to ₹12,500 crore. The EBIT margin for the segment contracted by 130 basis points, falling to 1.6 per cent, which was impacted by lower volumes and realizations, partially offset by cost savings and incentives. Looking ahead, the company anticipates that industry momentum will be driven by ongoing innovation that aligns with evolving customer preferences.
Economic Times
13-05-2025
- Automotive
- Economic Times
Tata Motors Q4 Results: PAT falls 51% YoY to Rs 8,470 crore; Rs 6 per share dividend declared
Tired of too many ads? Remove Ads Jaguar Land Rover Tired of too many ads? Remove Ads Commercial Vehicles Tired of too many ads? Remove Ads Passenger Vehicles Leading automaker Tata Motors on Tuesday reported 51% fall in its consolidated net profit at Rs 8,470 crore in the quarter ended March 2025. Revenue from operations in the same period was flat at Rs 1.19 lakh Board has recommended a final dividend of Rs 6 per share subject to approval by the for the quarter fell 4% YoY to Rs 16,700 crore, while EBIT stood at Rs 11,500 crore. EBITDA margins during the same quarter fell 60 basis points to 14%.On a consolidated basis, the company said automotive business is now debt-free, reducing interest costs. "This is both pleasing and significant as it reflects healthy business fundamentals delivered by a resilient team," said PB Balaji, Group CFO, Tata for the quarter was £7.7 billion, down 1.7% YoY, while full year revenue at £29 billion was flat YoY. PBT in Q4FY25 was £875 million, up from £661 million in Q4 FY24. The increase in profitability reflects higher volumes and a reduction in depreciation and amortisation (D&A), partially offset by an increase in margin for the quarter expanded 150 bps YoY to 10.7%.Wholesales for Defender hit a new record in FY25 at 115,404 units, Range Rover Sport wholesales for the year were up 20% YoY."JLR has ended the year with strong annual and quarterly earnings, including delivering our tenth consecutive profitable quarter and our net debt zero target. We have achieved record sales of Defender and are preparing to launch the wonderful Range Rover Electric," said Adrian Mardell, JLR said it implemented a series of short-term actions to address the immediate impact of trade tariffs introduced by the US on the global automotive US-UK trade deal, it said, reduces US trade tariffs on UK auto exports to the US from 27.5% to 10%, within a quota of 100,000 ahead, JLR expects investment spend to remain at £18 billion over a five year period and will be funded by operational cash Q4FY25, domestic wholesale CV volumes were 99,600 units, lower by 5% YoY. Exports were at 5,900 units, increasing 29.4% for the segment were marginally down by 0.5% YoY to Rs 21,500 crore cr on account of lower volumes. EBITDA and EBIT margins of 12.2% (up 20 bps YoY) and 9.7% (up 10 bps YoY), respectively were driven primarily by improvement in the full year, while overall revenues declined by 4.7%, EBITDA was up at 11.8% as mix and realisations are optimized. The business delivered highest ever profits of Rs 6,600 crore during the year."Going forward, we remain committed to driving sustainable and profitable growth while improving Vahan market share across all business segments," said Girish Wagh, Executive Director, Tata segment volumes in the quarter were at 147,000 units, which is a decline of 5% YoY. Revenues in Q4 also declined 13% YoY to Rs 12,500 crore. EBIT margin for the segment contracted 130 bps to 1.6%, impacted by lower volumes and realizations, partially offset by cost savings and Q4, PV (ICE) business delivered EBITDA margins of 8.2% and EV business was EBITDA positive at 6.5%. On full year basis, the PV business revenue declined by 7.5%. The decline in revenues was primarily on account of decline in hatches EBITDA margins improved by 40 bps, whereas EBIT margins declined by 110 bps due to adverse operating leverage and increase in depreciation and amortization."In a year marked by fluctuating demand, Tata Motors Passenger Vehicles led the industry in SUV growth and outpaced the market in CNG sales. Our multi-powertrain strategy and strong commitment to sustainable mobility enabled us to increase the share of CNG and electric vehicles to 36% of our overall portfolio," said Shailesh Chandra, MD, Tata Motors Passenger forward, the company said industry momentum is expected to be driven by continued innovation in line with evolving customer preferences. "SUVs, CNG, and EVs will remain key growth drivers, fueling the industry's expansion."Overall, free cash flow (automotive) for the year stood at Rs 22,400 crore as compared to Rs 26,900 crore in FY24, owing to cash profits and favourable working Tuesday, Tata Motors shares fell 1.7% at Rs 708 on NSE.
