Integrated Filing — IndAS



General information about company

Scrip Code 500570
NSE Symbol TMPV
MSEI Symbol NOTLISTED
ISIN INE155A01022
Name of company Tata Motors Passenger Vehicles Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 12-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 05-02-2026   11:30:00
End date and time of board meeting 05-02-2026   15:40:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 70,10,800.00 2,30,13,500.00
Other income 1,46,700.00 4,15,400.00
Total income 71,57,500.00 2,34,28,900.00
2 Expenses
(a) Cost of materials consumed 49,82,600.00 1,40,12,000.00
(b) Purchases of stock-in-trade 4,38,900.00 11,84,700.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (10,39,200.00) (4,46,300.00)
(d) Employee benefit expense 11,38,100.00 33,25,200.00
(e) Finance costs 68,200.00 2,06,000.00
(f) Depreciation, depletion and amortisation expense 4,96,900.00 14,69,200.00
(f) Other Expenses
1 Foreign exchange loss/ (gain) (net) 6,200.00 1,900.00
2 Product development/engineering expenses 3,24,000.00 9,22,600.00
3 Other expenses 18,56,400.00 55,40,800.00
4 Amount transferred to capital and other account (7,84,100.00) (22,91,800.00)
5 Compulsorily convertible preference share measured at fair value loss/ (gain) 0.00 600.00
Total other expenses 14,02,500.00 41,74,100.00
Total expenses 74,88,000.00 2,39,24,900.00
3 Total profit before exceptional items and tax (3,30,500.00) (4,96,000.00)
4 Exceptional items (1,59,700.00) (4,25,200.00)
5 Total profit before tax (4,90,200.00) (9,21,200.00)
6 Tax expense
7 Current tax 54,800.00 3,04,000.00
8 Deferred tax (1,79,800.00) (4,68,500.00)
9 Total tax expenses (1,25,000.00) (1,64,500.00)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (3,65,200.00) (7,56,700.00)
12 Profit (loss) from discontinued operations before tax 0.00 84,27,400.00
13 Tax expense of discontinued operations 0.00 25,200.00
14 Net profit (loss) from discontinued operation after tax 0.00 84,02,200.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 16,900.00 31,200.00
16 Total profit (loss) for period (3,48,300.00) 76,76,700.00
17 Other comprehensive income net of taxes 40,800.00 10,93,500.00
18 Total Comprehensive Income for the period (3,07,500.00) 87,70,200.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (3,48,600.00) 76,60,700.00
Total profit or loss, attributable to non-controlling interests 300.00 16,000.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (3,08,100.00) 87,47,800.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 600.00 22,400.00
21 Details of equity share capital
Paid-up equity share capital 73,700.00 73,700.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -9.47 -20.14
Diluted earnings (loss) per share from continuing operations -9.47 -20.14
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 3.82
Diluted earnings (loss) per share from discontinued operations 0 3.82
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -9.47 -16.32
Diluted earnings (loss) per share from continuing and discontinued operations -9.47 -16.32
24 Debt equity ratio 0.6100 0.6100
25 Debt service coverage ratio 0.7800 0.7300
26 Interest service coverage ratio -1.5700 -0.3400
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Profit for the period from discontinued operations include profit on disposal of discontinued operation amounting to Rs. 82,616 crores not used for calculation of EPS since no impact on net worth.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Automotive and related activity 0.00 0.00
2 - Tata and other brands vehicles 0.00 0.00
3 (a) Passenger Vehicle 15,31,700.00 39,72,300.00
4 (b) Corporate/Unallocable 1,300.00 14,000.00
5 - Jaguar and Land Rover 53,84,900.00 1,87,67,800.00
6 Less: Intra segment eliminations 0.00 (4,400.00)
7 Others 1,36,600.00 3,94,100.00
8 Less: Inter segment eliminations 0.00 0.00
Total Segment Revenue 70,54,500.00 2,31,43,800.00
Less: Inter segment revenue 43,700.00 1,30,300.00
Revenue from operations 70,10,800.00 2,30,13,500.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Automotive and related activity 0.00 0.00
2 - Tata and other brands vehicles 0.00 0.00
3 (a) Passenger Vehicle 21,900.00 (1,900.00)
4 (b) Corporate/Unallocable (2,000.00) (19,100.00)
5 - Jaguar and Land Rover (3,34,400.00) (4,70,700.00)
6 Less: Intra segment eliminations (300.00) (1,100.00)
7 Others 15,800.00 52,000.00
8 Less: Inter segment eliminations (4,300.00) (8,800.00)
Total Profit before tax (3,03,300.00) (4,49,600.00)
i. Finance cost 68,200.00 2,06,000.00
ii. Other Unallocable Expenditure net off Unallocable income 1,01,800.00 2,34,400.00
Profit before tax (4,73,300.00) (8,90,000.00)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Automotive and related activity 0.00 0.00
2 - Tata and other brands vehicles 0.00 0.00
3 (a) Passenger Vehicle 27,58,500.00 27,58,500.00
4 (b) Corporate/Unallocable 1,89,400.00 1,89,400.00
5 - Jaguar and Land Rover 2,53,00,900.00 2,53,00,900.00
6 Less: Intra segment eliminations 0.00 0.00
7 Others 6,90,200.00 6,90,200.00
8 Less: Inter segment eliminations (1,22,900.00) (1,22,900.00)
Total Segment Asset 2,88,16,100.00 2,88,16,100.00
Un-allocable Assets 67,79,600.00 67,79,600.00
Net Segment Asset 3,55,95,700.00 3,55,95,700.00
4 Segment Liabilities
Segment Liabilities
1 Automotive and related activity 0.00 0.00
2 - Tata and other brands vehicles 0.00 0.00
3 (a) Passenger Vehicle 18,27,500.00 18,27,500.00
4 (b) Corporate/Unallocable 73,400.00 73,400.00
5 - Jaguar and Land Rover 1,47,11,500.00 1,47,11,500.00
6 Less: Intra segment eliminations 0.00 0.00
7 Others 3,66,500.00 3,66,500.00
8 Less: Inter segment eliminations (50,700.00) (50,700.00)
Total Segment Liabilities 1,69,28,200.00 1,69,28,200.00
Un-allocable Liabilities 72,41,200.00 72,41,200.00
Net Segment Liabilities 2,41,69,400.00 2,41,69,400.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Discontinued operations profit is not allocated in segment.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement losses on defined benefit obligations (net) (67,000.00) (1,78,500.00)
2 Equity instruments at fair value through other comprehensive income (net) 6,200.00 10,100.00
Total Amount of items that will not be reclassified to profit and loss (60,800.00) (1,68,400.00)
2 Income tax relating to items that will not be reclassified to profit or loss (15,800.00) (43,300.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial statements of foreign operations 94,400.00 8,59,900.00
2 Gain/(loss) in cash flow hedges (including forecast inventory purchases) (34,100.00) 4,28,100.00
3 Share of other comprehensive loss in equity accounted investees (net) 12,300.00 32,800.00
Total Amount of items that will be reclassified to profit and loss 72,600.00 13,20,800.00
4 Income tax relating to items that will be reclassified to profit or loss (13,200.00) 1,02,200.00
5 Total Other comprehensive income 40,800.00 10,93,500.00