Mumbai, India — February 5, 2026
India’s leading automobile manufacturer Tata Motors on Thursday reported a net loss of ₹3,483 crore in its passenger vehicle business for the third quarter ended December 2025, reflecting continued margin pressure despite strong topline performance.
According to the company’s regulatory filing, Tata Motors’ total revenue during the quarter stood at ₹70,108 crore, underscoring steady demand even as profitability remained under stress.
Passenger Vehicle Segment Under Pressure
The loss in the October–December quarter highlights ongoing challenges in the passenger vehicle segment, including elevated input costs, pricing pressure, and competitive intensity in the domestic auto market.
Industry analysts note that while volumes have shown resilience, higher operating expenses and investments in new models and electric vehicles continue to weigh on near-term profitability.
Earnings Season Snapshot
Tata Motors’ Q3 performance comes amid a mixed earnings season for India’s automobile sector, with some manufacturers reporting margin improvement while others continue to face cost-related headwinds.
The company has not announced any revision to its outlook following the release of the quarterly results.
