Updated 18:32 IST, January 29th 2025
Range Rover Electric: Tata Motors Shares Update On Testing Of EV
On Wednesday, Tata Motors has reported a 22 percent year-over-year decline in net profit for the third quarter of fiscal year 2025.

Tata Motors announced that its British luxury arm Jaguar Land Rover has successfully completed rigorous prototype testing of its the Range Rover Electric, has This milestone marks a significant step toward the vehicle's anticipated launch in 2025.
“Range Rover Electric testing nears completion,” Tata Motors stated while announcing its Q3 FY results.
Financial Highlights
On Wednesday, Tata Motors has reported a 22 percent year-over-year decline in net profit for the third quarter of fiscal year 2025 (Q3 FY25), ending December 31, 2024, with earnings totaling Rs 5,451 crore. This decrease is attributed to challenges in the electric vehicle (EV) segment and supply chain disruptions.
The company's revenue from operations rose 2.7 percent on-year to Rs 1,13,575 crore, driven by a modest improvement in overall sales. However, its earnings before interest, tax, depreciation, and amortisation (EBITDA) margins fell 60 basis points year-on-year to 13.7 percent.
Following the announcement, Tata Motors' stock closed 3.65 percent higher at 754.80 per share on NSE .
Management's Outlook
Tata Motors maintained that it expects demand to improve gradually, supported by infrastructure investments, upcoming product launches, and stable interest rates. JLR’s wholesale volumes are projected to improve further in the fourth quarter, though the company remains cautious about overall demand trends, particularly in China.
P.B Balaji, Group Chief Financial Officer of Tata Motors, acknowledged the impact of external challenges on the company's performance during the quarter. He emphasized that the business fundamentals remain strong and expressed confidence in a performance recovery in the upcoming quarters. Balaji stated, "As supply challenges ease and demand picks up, we are confident of steady improvement in our performance."
“We delivered sequential improvement across all businesses in Q3. Our fundamentals remain strong, and despite external challenges, we are confident of delivering another strong performance this year,” added Balaji.
Published 18:29 IST, January 29th 2025