Tata Motors CV Q3: Revenue Up 16%, But Profit Plunges 48% Due to One-Time Costs
Share Market
C
CNBC Awaaz•29-01-2026, 17:19
Tata Motors CV Q3: Revenue Up 16%, But Profit Plunges 48% Due to One-Time Costs
- •Tata Motors' commercial vehicle business reported a 16% year-on-year revenue increase to ₹21,847 crore in Q3.
- •Despite revenue growth, consolidated profit fell 48% to ₹705 crore, down from ₹1,355 crore in the same quarter last year.
- •The significant profit decline was primarily due to one-time exceptional expenses totaling ₹1,643 crore.
- •These expenses included ₹962 crore for stamp duty on land transfer, ₹603 crore for new labor codes, and ₹82 crore for acquisition-related costs.
- •EBITDA grew by 42% to ₹2,883 crore, and margins improved from 10.8% to 13.2%.
Why It Matters: Tata Motors CV saw strong revenue and EBITDA growth, but one-time expenses severely impacted Q3 profit.
✦
More like this
Loading more articles...
