Tata Motors Passenger Vehicles Limited (TMPVL), in its first year as an exclusive personal mobility company following the demerger of its commercial vehicles business, reported a mixed performance for the financial year ended March 31, 2026, with record domestic sales offset by significant headwinds at its luxury arm Jaguar Land Rover (JLR) stemming from a cyber attack and incremental US tariffs.
The final quarter showed a sharp recovery, with consolidated revenues of Rs 1,05,447 crore and PBT bei of Rs 7,167 crore in Q4 FY26, as JLR operations normalised post the cyber incident and domestic volumes hit a record high.