Tata Motors Passenger Vehicles Share Price Drop Nearly 5% After Weak Q2 FY26 Earnings; JLR Impact Weighs on Sentiment

Mumbai, November 17, 2025 – The share price of Tata Motors Passenger Vehicles dropped nearly 5% following the investor’s reaction to the financial performance of the company’s quarter ended September 30, 2025.

The company announced a very disappointing consolidated performance. This dip is hugely driven by a steep downturn at Jaguar Land Rover, which triggered a strong selling pressure across the counter.

Why the Stock is Falling Today?

The decline in stock prices is attributed to the company’s weak quarterly performance. The company’s consolidated revenue was recorded at Rs. 72,349 crore. This is a 13.5% dip. The company’s EBITDA remained flat at Rs. 0.1 crore. The company’s consolidated profit before tax dropped to Rs. 5,462 crore. Whereas, during the same period last year, the company’s consolidated PBT was recorded at Rs. 10,234 crore. The automotive free cash flow was recorded as negative at Rs. 8,300 crore. The company’s steep decline in profitability overshadowed the otherwise strong domestic passenger vehicle demand.

JLR’s Cyber Incident is the Core Drag

Jaguar Land Rover’s cyber incident in September significantly disrupted production. JLR reported its revenue of €4.9 billion. This is a 24.3% year-on-year dip. The company’s EBITDA was recorded at a 1.6% dip. The company’s EBIT was recorded at an 8.6% dip. The company’s EBIT fell to €485 million. Whereas in the same period last year, the company’s EBIT was recorded at €883 million. The negative investor sentiment was driven by the decline in volumes and margins, which was heavily impacted by the consolidated results.

Tata Passenger Vehicles’ Domestic Business Strong, But Not Enough

Although the JLR segment experienced a setback, Tata Motors Passenger Vehicles delivered a very strong domestic performance. It recorded a revenue of Rs. 13,529 crore. This is a 15.6% surge. The company’s EBITDA stood at 5.8% and the company’s EBIT was recorded at 0.2%. The company’s profit before tax was recorded at Rs. 155 crore. This is a Rs. 76 crore dip from the same period last year. Due to the festival season’s demands, nearly 60% year-on-year EV growth supported the strong model performance volumes. However, investors are remaining cautious due to the global slowdown reflected in JLR’s results.

Share Price Update

The share price of Tata Motors Passenger Vehicles Limited closed at Rs. 372.65. This is a 4.74% dip on Monday. The company shares have dipped 20% in the last year, dipped 17% in the year to date, 15% in the last six months, and 8.32% in the past five days. The stock opened at ₹380, which happened to be its intraday high, and the stock hit a low of ₹363.

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