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The Economic Times
The Economic Times
Debaroti Adhikary

Tata Motors PV shares rally 8% even as Q4 net profit drops 32% YoY. Here's what Macquarie, Jefferies & other brokerages say

Tata Motors Passenger Vehicles (TMPV) jumped more than 8% on Friday after the automaker reported a 32% year-on-year (YoY) decline in its consolidated net profit at Rs 5,783 crore for the fourth quarter of FY26, from Rs 8,470 crore in the year-ago period, with some brokerages continuing to remain bullish, while others remain cautious.

While the company on Thursday reported a sharp decline in its bottom line, its revenue from operations rose more than 7% to Rs 1.05 lakh crore in the January-March quarter of FY26, from Rs 98,377 crore reported in the corresponding quarter of the previous financial year.

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