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Tariffs and India’s soft car market impact Tata Motors in Q1

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Tata cited tariffs and sluggish consumer demand in India as contributing to its year-on-year consolidated revenue loss in Q1 2025/26. By Will Girling

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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Tariffs and India’s soft car market impact Tata Motors in Q1



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