Tata Motors Passenger Vehicles Ltd (TMPVL) on Friday reported a multi-fold jump in consolidated net profit to Rs 76,170 crore for the quarter ended September 30, 2025 (Q2 FY26), driven by a one-time gain linked to the demerger of its commercial vehicles (CV) business. The company had posted a net profit of Rs 3,446 crore in the corresponding quarter last year. Advertisement
Despite the profit surge, TMPVL's revenue fell 14 per cent to Rs 72,349 crore in Q2 FY26 from Rs 83,656 crore a year earlier.
Jaguar Land Rover (JLR) reported a 24.3 per cent decline in revenue to £4.9 billion. The company said all key operating metrics were "significantly impacted" by a cyber incident during the quarter, resulting in EBIT margins of (–)8.6 per cent, a drop of 1,370 basis points (bps) year-on-year (Y

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