Mumbai, Nov. 13 -- Tata Motors Passenger Vehicles has announced its financial results for Q2 FY2027, reporting consolidated revenue of INR 969.2 billion, representing a 34 percent YoY growth. Consolidated EBITDA reached 6.2 percent with an EBIT margin of 1.1 percent, while profit before tax, before exceptional items, stood at INR 4.03 billion.

During the quarter, the company incurred an exceptional expenditure of INR 67 billion for employee separation costs and asset impairments.

In Q2 FY2027, Tata Motors' domestic passenger vehicles business recorded its highest quarterly revenue at INR 204.23 billion, up 51 percent YoY, driven by a 40 percent volume growth. Electric vehicle volumes grew 90 percent YoY, pushing alternative powertrains ...