| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 25,338 | 18,585 | +36.3% |
| EBITDA | 1,940 | 17.0 | +11,311.8% |
| EBITDA margin | 7.7% | 0.1% | +7.6 pts |
| Profit before tax | 1,955 | −549 | — |
| Net profit | 1,254 | −867 | — |
| EPS | ₹3.41 | −₹2.35 | — |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 |
|---|
| 25,338 | 20,667 | 26,098 | 21,847 | 18,585 | |
| 436 | 396 | 317 | 332 | 172 | |
| 25,774 | 21,063 | 26,415 | 22,179 | 18,757 | |
Expenses | |||||
| 14,826 | 12,771 | 15,085 | 12,531 | 10,416 | |
| 2,994 | 2,136 | 2,532 | 2,045 | 1,805 | |
| −104 | −671 | 299 | 366 | 285 | |
| 1,580 | 1,590 | 1,457 | 1,450 | 1,447 | |
| 100 | 135 | 166 | 198 | 256 | |
| 539 | 508 | 510 | 483 | 472 | |
| 4,102 | 1,569 | 4,085 | 2,572 | 4,615 | |
| 24,037 | 18,038 | 24,134 | 19,645 | 19,296 | |
| 1,940 | 3,272 | 2,640 | 2,883 | 17.0 | |
| 1,401 | 2,764 | 2,130 | 2,400 | −455 | |
Profit | |||||
| 1,737 | 3,025 | 2,281 | 2,534 | −539 | |
| 218 | −79.0 | 235 | −1,643 | −10.0 | |
| 1,955 | 2,946 | 2,516 | 891 | −549 | |
| 689 | 406 | 634 | 107 | 290 | |
| 55.0 | 8.0 | 196 | 113 | 16.0 | |
| 744 | 414 | 830 | 220 | 306 | |
| 43.0 | 24.0 | 107 | 34.0 | −12.0 | |
| 1,254 | 2,556 | 1,793 | 705 | −867 | |
| 1,211 | 2,532 | 1,686 | 671 | −855 | |
| 252 | −11.0 | 1.0 | −50.0 | −89.0 | |
| 1,506 | 2,545 | 1,794 | 655 | −956 | |
| 1,257 | 2,560 | 1,793 | 705 | −867 | |
| −3.0 | −4.0 | 0.0 | 0.0 | 0.0 | |
Per share | |||||
| ₹3.41 | ₹6.95 | ₹4.87 | ₹1.91 | −₹2.35 | |
| ₹3.41 | ₹6.95 | ₹4.87 | ₹1.91 | −₹2.35 | |
Other comprehensive income — detail | |||||
| 252 | −11.0 | 1.0 | −50.0 | −89.0 | |
| −106 | 24.0 | 52.0 | −16.0 | −96.0 | |
| −18.0 | 3.0 | 16.0 | −5.0 | −16.0 | |
| 343 | −26.0 | −44.0 | −39.0 | −12.0 | |
| 3.0 | 6.0 | −9.0 | 0.0 | −3.0 | |
| 1,509 | 2,549 | 1,793 | 655 | — | |
| −3.0 | −4.0 | 0.0 | 0.0 | — | |
Per share — as-filed variants | |||||
| ₹3.41 | ₹6.95 | ₹4.87 | ₹1.91 | −₹2.35 | |
| ₹3.41 | ₹6.95 | ₹4.87 | ₹1.91 | −₹2.35 | |
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||
| 7,622 | 6,431 | 8,182 | 6,905 | 6,079 | |
| 30.1% | 31.1% | 31.4% | 31.6% | 32.7% | |
Adjusted (ex-exceptional items) — derived | |||||
| 1,737 | 3,025 | 2,281 | 2,534 | −539 | |
| 218 | −79.0 | 235 | −1,643 | −10.0 | |
| 1,119 | 2,624 | 1,636 | 1,942 | −857 | |
| ₹3.04 | ₹7.13 | ₹4.44 | ₹5.26 | −₹2.32 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|
| Revenue from Operations | 18,585.0 | 21,847.0 | 26,098.0 | 20,667.0 | 25,338.0 | |
| Other Income | 172.0 | 332.0 | 317.0 | 396.0 | 436.0 | |
| Total Income | 18,757.0 | 22,179.0 | 26,415.0 | 21,063.0 | 25,774.0 | |
| Expenses | ||||||
| + Cost of Materials Consumed | 10,416.0 | 12,531.0 | 15,085.0 | 12,771.0 | 14,826.0 | |
| + Purchases of Stock-in-Trade | 1,805.0 | 2,045.0 | 2,532.0 | 2,136.0 | 2,994.0 | |
| + Changes in Inventories | 285.0 | 366.0 | 299.0 | -671.0 | -104.0 | |
| + Employee Benefit Expense | 1,447.0 | 1,450.0 | 1,457.0 | 1,590.0 | 1,580.0 | |
| + Finance Costs | 256.0 | 198.0 | 166.0 | 135.0 | 100.0 | |
| + Depreciation & Amortisation | 472.0 | 483.0 | 510.0 | 508.0 | 539.0 | |
| + Other Expenses | 4,615.0 | 2,572.0 | 4,085.0 | 1,569.0 | 4,102.0 | |
| Total Expenses | 19,296.0 | 19,645.0 | 24,134.0 | 18,038.0 | 24,037.0 | |
| EBITDA | 17.0 | 2,883.0 | 2,640.0 | 3,272.0 | 1,940.0 | |
| EBIT | -455.0 | 2,400.0 | 2,130.0 | 2,764.0 | 1,401.0 | |
| Profit | ||||||
| PBT before Exceptional Items | -539.0 | 2,534.0 | 2,281.0 | 3,025.0 | 1,737.0 | |
| + Exceptional Items | -10.0 | -1,643.0 | 235.0 | -79.0 | 218.0 | |
| Pretax Income | -549.0 | 891.0 | 2,516.0 | 2,946.0 | 1,955.0 | |
| + Current Tax | 290.0 | 107.0 | 634.0 | 406.0 | 689.0 | |
| + Deferred Tax | 16.0 | 113.0 | 196.0 | 8.0 | 55.0 | |
| Tax Expense | 306.0 | 220.0 | 830.0 | 414.0 | 744.0 | |
| + Share of Associates & JVs | -12.0 | 34.0 | 107.0 | 24.0 | 43.0 | |
| Net Income | -867.0 | 705.0 | 1,793.0 | 2,556.0 | 1,254.0 | |
| + Net Income — Continuing Ops | -855.0 | 671.0 | 1,686.0 | 2,532.0 | 1,211.0 | |
| + Other Comprehensive Income | -89.0 | -50.0 | 1.0 | -11.0 | 252.0 | |
| Total Comprehensive Income | -956.0 | 655.0 | 1,794.0 | 2,545.0 | 1,506.0 | |
| Net Income to Common | -867.0 | 705.0 | 1,793.0 | 2,560.0 | 1,257.0 | |
| Minority Interest | 0.0 | 0.0 | 0.0 | -4.0 | -3.0 | |
| Per Share | ||||||
| Basic EPS | -2.35 | 1.91 | 4.87 | 6.95 | 3.41 | |
| Diluted EPS | -2.35 | 1.91 | 4.87 | 6.95 | 3.41 | |
| Other Comprehensive Income — detail | ||||||
| + Other Comprehensive Income | -89.0 | -50.0 | 1.0 | -11.0 | 252.0 | |
| + Items NOT to be Reclassified to P&L | -96.0 | -16.0 | 52.0 | 24.0 | -106.0 | |
| + Tax on Items NOT to be Reclassified | -16.0 | -5.0 | 16.0 | 3.0 | -18.0 | |
| + Items to be Reclassified to P&L | -12.0 | -39.0 | -44.0 | -26.0 | 343.0 | |
| + Tax on Items to be Reclassified | -3.0 | 0.0 | -9.0 | 6.0 | 3.0 | |
| Comprehensive Income — Owners of Parent | — | 655.0 | 1,793.0 | 2,549.0 | 1,509.0 | |
| Comprehensive Income — Non-controlling Interests | — | 0.0 | 0.0 | -4.0 | -3.0 | |
| Per Share — as-filed variants | ||||||
| Basic EPS — Continuing Operations | -2.35 | 1.91 | 4.87 | 6.95 | 3.41 | |
| Diluted EPS — Continuing Operations | -2.35 | 1.91 | 4.87 | 6.95 | 3.41 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | ||||||
| Gross Profit | 6,079.0 | 6,905.0 | 8,182.0 | 6,431.0 | 7,622.0 | |
| Gross Margin % | 32.71 | 31.61 | 31.35 | 31.12 | 30.08 | |
| Adjusted (ex-Exceptional Items) — derived | ||||||
| Pretax Income (Adjusted, as filed) | -539.0 | 2,534.0 | 2,281.0 | 3,025.0 | 1,737.0 | |
| − Exceptional Items (reconciliation) | -10.0 | -1,643.0 | 235.0 | -79.0 | 218.0 | |
| Net Income Adj (tax-effected) | -857.0 | 1,942.3 | 1,635.5 | 2,623.9 | 1,119.0 | |
| EPS Adj | -2.32 | 5.26 | 4.44 | 7.13 | 3.04 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | ||||||
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| Filed Debt Equity | 0.80 | 0.48 | 0.38 | 0.29 | 0.19 | |
| Filed Dscr | -0.14 | 0.41 | 3.81 | 3.25 | 1.41 | |
| Filed Iscr | -1.81 | 21.06 | 39.50 | 30.32 | 20.56 | |
| Paid Up Equity Capital | — | 736.0 | 736.0 | 737.0 | 737.0 | |
Filed with NSE on Friday, 23 October 2026 at 3:44 pm IST
Tata Motors (NSE: TMCV) reported its Q2 FY27 results (July–September 2026) on Friday, 23 October 2026 at 3:44 pm IST. Consolidated net profit attributable to shareholders was ₹1,257 crore, against a loss of ₹867 crore in Q2 FY26 and down 50.9% from ₹2,560 crore in Q1 FY27. Revenue from operations was ₹25,338 crore, up 36.3% year on year and up 22.6% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹1,257 crore, against a loss of ₹867 crore in Q2 FY26 and down 50.9% from ₹2,560 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹1,254 crore.
A net profit of ₹1,257 crore, against a loss of ₹867 crore in Q2 FY26. Revenue was up 36.3% at ₹25,338 crore. The operating margin was 5.5%, up 8.0 percentage points from −2.4% a year earlier. Against Q1 FY27, net profit was down 50.9% and revenue up 22.6%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹1,401 crore, a margin of 5.5%, against 13.4% in Q1 FY27 and −2.4% in Q2 FY26. EBITDA was ₹1,940 crore, 7.7% of revenue.
Revenue from operations was ₹25,338 crore, up 36.3% year on year and up 22.6% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹3,051 crore in FY26 (April 2025–March 2026).
Revenue from operations was ₹83,855 crore in FY26 (April 2025–March 2026).
Basic earnings per share were ₹3.41.
Tata Motors' net profit margin was 5.0% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against −4.7% in Q2 FY26 (up 9.6 percentage points). For FY26 as a whole it was 3.6%.
On Friday, 23 October 2026 at 3:44 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 13 November 2025.
Net profit attributable to shareholders by quarter: ₹705 crore in Q3 FY26, ₹1,793 crore in Q4 FY26, ₹2,560 crore in Q1 FY27 and ₹1,257 crore in Q2 FY27. That is ₹6,315 crore over the four quarters. Revenue from operations: ₹21,847 crore, ₹26,098 crore, ₹20,667 crore and ₹25,338 crore.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Tata Motors' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 23 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.