In Q1 2025/26, Tata Motors recorded a consolidated revenue result of INR 10.4tr (US$119bn), down 2.5% year-on-year (YoY). This was a difficult quarter for Jaguar Land Rover (JLR), Tata Commercial Vehicles (CV) and Tata Passenger Vehicles (PV), which are all contending with challenging market conditions that show no definite sign of abating.
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