Tata Motors Q3 Profit Plunges 48% to Rs 705 Crore Amidst One-Time Costs; Revenue Jumps 16%

• Tata Motors reported a 48% year-on-year fall in consolidated net profit to Rs 705 crore for Q3 FY26, down from Rs 1,355 crore last year.
• Revenue from operations increased by over 16% YoY to Rs 21,847 crore, driven by a 21% overall sales growth in the October-December period.
• The profit decline was primarily due to exceptional costs totaling Rs 1,643 crore, including Rs 962 crore for stamp duty charges related to land transfer and Rs 603 crore for new labour codes.
• Domestic commercial vehicle sales rose 22% in the December quarter, with Tata's sales up 18%, and overall CV segment wholesales increased 20% to 1,16,800 units.
• The company expects demand to strengthen in Q4 FY26, supported by government infrastructure push and expansion in end-use sectors.

Why It Matters: Tata Motors' Q3 net profit fell sharply due to one-time costs, despite strong revenue growth and sales.