Tata Motors PV swings to Rs 5,531 cr net loss in Q2 FY27
Mumbai, Nov. 14 -- Revenue from operations jumped 33.96% YoY to Rs 96,920 crore in Q2 FY27.
The company reported a profit before exceptional items and tax of Rs 403 crore during the quarter, compared with a loss of Rs 5,462 crore in Q2 FY26.
Exceptional items stood at Rs 6,738 crore during the quarter, primarily comprising provisions towards employee separation costs and impairment of assets amounting to Rs 3,776 crore and Rs 2,856 crore, respectively.
EBITDA margin improved by 630 basis points (bps) YoY to 6.2% during the quarter. The improvement was largely attributable to the recovery from the cyber incident that affected Jaguar Land Rover (JLR) in the corresponding period last year.
Looking ahead, the company identified global geo...
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