Tata Motors posts Sept quarter net loss of Rs 867 cr, revenue of Rs 18,585 cr

New Delhi: Tata Motors, which now houses the company’s commercial vehicle business, on Thursday reported a consolidated net loss of Rs 867 crore in the September quarter, impacted by mark-to-market losses of Rs 2,026 crore on account of investment in Tata Capital.

The newly listed firm reported a net profit of Rs 498 crore during the July-September quarter of the last fiscal.

Total revenue from operations stood at Rs 18,585 crore compared to Rs 17,535 crore in the year-ago period, the newly listed firm said in a regulatory filing.

Profit before tax rose to Rs 1,694 crore in the second quarter as against Rs 1,225 crore in the year-ago period, it added.

The company said the proposed acquisition of IVECO, announced on July 30, 2025, is progressing as planned, with regulatory approvals underway and acquisition is expected to be completed in April next year.

The company’s topline is expected to rise to $24-25 billion with the completion of the acquisition.

“Our financial results underscore a resilient performance, driven by a sound and agile business strategy. After a subdued start, the rollout of GST 2.0 and the onset of the festive season catalysed a surge in demand across segments,” Tata Motors Managing Director & CEO Girish

Wagh said.

The company recorded a 12 per cent year-on-year volume growth, led by enhanced product availability, a refined pricing strategy, and intensified market activations, he

added.

Looking ahead, with the festive season underway, improving consumption, and the full impact of GST reforms yet to unfold, the company said it anticipates a strong second half for FY26.