3 hours ago
1
Tata Motors Shares Today: Shares of Tata Motors rose nearly 3 per cent on Monday even as the company reported a 30 per cent drop in net profit for the quarter ended June 30, 2025, hurt by weaker performance across segments, particularly at Jaguar Land Rover (JLR).
The automaker posted a net profit of Rs 3,924 crore in Q1 FY26, down from Rs 5,643 crore a year ago. Revenue from operations also declined 2.5 per cent year-on-year to Rs 1.04 lakh crore.
Tata Motors attributed the decline to volume pressure across businesses and a significant impact at JLR, where revenues fell over 9 per cent to £6.6 billion. The company cited US tariffs under Donald Trump, increased competition in China, and higher warranty costs as key drags. JLR’s EBIT margin fell 490 basis points to 4 per cent, reflecting negative operating leverage and currency impacts.
Despite the weak results, Tata Motors stock was up 2.36 per cent at Rs 648.65 on the NSE at 10:35 a.m.
Brokerage Reactions Mixed on Tata Motors
Global brokerages cut their price targets on the stock, flagging near-term challenges, especially at JLR:
Jefferies maintained an ‘underperform’ rating, slashing its target price to Rs 550 from Rs 600. The firm highlighted a 10-quarter low in EBITDA, citing rising headwinds across business segments.
JP Morgan and Nomura maintained ‘neutral’ ratings, trimming their targets to Rs 680 and Rs 704, respectively.
CLSA, however, retained a ‘buy’ call with a target of Rs 805, noting JLR’s margin performance was slightly better than estimates. Still, the brokerage remained cautious on volume growth and margin sustainability.
Tata Motors said JLR maintains its FY26 EBIT margin guidance of 5–7 per cent and expects to remain free cash flow neutral for the year.
English (US) ·