Tata Motors, India's largest electric vehicle manufacturer, reported a weak set of numbers for the second quarter, completely missing expert estimates. The company's net profit fell 11 percent on-year to Rs 3,343 crore, driven by a weak performance at its Jaguar Land Rover (JLR) unit and in its commercial vehicles segment.

Tata Motors, one of India’s largest automobile manufacturers, has been experiencing a fluctuating price trend in recent weeks. As of November 11, 2024, Tata Mot

The primary reason for the weak performance was a dip in the margins of Jaguar Land Rover (JLR), Tata Motors’ luxury vehicle division. Analysts believe that these challenges are temporary, and expect improvements in the second half of FY25 as JLR's margin pressures begin to ease.

The business performance of Tata Motors in Q2 FY25 was below Street expectations because of demand weakness faced by the company. The business performance of Tata Motors (TML; CMP: Rs 805.70; Market cap: Rs 2.

Tata Motors reported a lower-than-expected net profit for the September quarter. Revenue also declined due to challenges in the domestic and international markets. The company's EBITDA margin decreased,