Cars & Utility Vehicles company Tata Motors announced Q3FY25 results TML delivered revenues of Rs 113.6K crore (up 2.7%). EBITDA at Rs 15.5K crore (13.7%, down 60bps) and EBIT of Rs 10.0K crore (8.9%, up 60bps), witnessing strong improvement over Q2 FY25 as supply challenges eased. PBT (bei) for Q3FY25 stood at Rs 7.7K crore, down Rs 75 crore while Net Profit was Rs 5.6K crore For 9MFY25, the business reported a strong PBT (bei) of Rs 22.3K crore, an improvement of Rs 2.8K crore over 9MFY24. PB Balaji, Group Chief Financial Officer, Tata Motors said: “In Q3FY25, the performance of all businesses improved sequentially. For 9MFY25, our business grew 1.6% over the previous year to Rs 323.0K crore and delivered a robust PBT (bei) of Rs 22.3K crore (+14.5%). The fundamentals of the business are strong and therefore despite external challenges we are confident of delivering another strong performance this year.” Adrian Mardell, JLR Chief Executive Officer, said: “JLR has delivered a robust performance in the third quarter of our financial year, and further milestones in our Reimagine strategy. Thanks to our people and partners we achieved record revenue and our best EBIT margin in a decade and our electrification plans are progressing. We revealed the beautiful, reimagined Jaguar design vision - Type 00 - in Miami, and later this year, we will launch Range Rover Electric ” Girish Wagh, Executive Director Tata Motors, said: “In Q3FY25, HCV segment witnessed robust sequential recovery, even as the YoY sales declined 9% due to limited growth in end-use segments. The ILMCV segment and passenger carrier segment witnessed ~3% and ~30% yoy growth, whereas the SCV segment experienced marginal decline due to ongoing financing challenges. The business has delivered strong EBITDA and EBIT margin of 12.4% and 9.6%, respectively, with cost control and reflecting PLI incentive. At the Bharat Mobility Expo, we unveiled a bold new era in mobility, showcasing 14 smart vehicles, all integrated with ADAS, alongside 6 cutting-edge intelligent solutions that provide real-time performance insights, and 4 advanced aggregates. With relentless innovation and agility, we will continue to redefine the future of mobility with sustainable, intelligent, and cutting-edge solutions”. Shailesh Chandra, Managing Director TMPV and TPEM said: “In Q3FY25, we recorded wholesales of 140K units (1.1% growth over Q3 FY24) and retail sales growth of 6% over Q3FY24. This has allowed us to sharply reduce our channel inventory ahead of Q4FY25. In the EV segment we registered 19% growth in the domestic personal segment, although our fleet volumes declined YoY due to the expiry of FAME II subsidy. Our new product launches including Curvv, Curvv.ev, Nexon CNG and Nexon.ev 45 continue to see strong customer traction. Overall, in Q3FY25, the business delivered resilient performance, with volumes and profitability improving sequentially. At the Bharat Mobility Global Expo 2025, we unveiled our ‘Future of Mobility’ portfolio blending innovative design and smart engineering, with a profound understanding of customer needs. Looking ahead, we remain agile and optimistic as we continue to leverage the demand our new products, expand our network and focus on micro-markets to increase our volumes and market share.” Result PDF