Mumbai: Tata Motors reported a 3% decline in global wholesales for the March quarter (Q4 FY25), with total sales, including Jaguar Land Rover (JLR), standing at 3,66,177 units—down from 3,77,432 units in the same period last year.
The company’s commercial vehicle segment, which includes the Tata Daewoo range, registered a 3% drop, selling 1,07,765 units. Passenger vehicle sales also declined by 6% to 1,46,999 units year-on-year.
In contrast, JLR reported a 1% increase in global sales, selling 1,11,413 vehicles during the quarter.
Land Rover accounted for 1,04,343 units, while Jaguar contributed 7,070 units.
This performance update precedes Tata Motors’ financial results for the quarter and the fiscal year ending March.
Notably, JLR, a UK-based subsidiary, announced a temporary suspension of vehicle shipments to the U.S. in April, citing a 25% tariff imposed by U.S. President Donald Trump on imported vehicles.
Despite the overall decline in sales, Tata Motors’ stock showed resilience in intra-day trading, rising 1.52% to Rs 588.55 per share on the National Stock Exchange (NSE) around 2 pm.
Trading volumes were 1.5 times the 30-day average, with a relative strength index (RSI) of 30.96, indicating the stock may be approaching oversold levels.
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However, the broader picture remains challenging. Over the past year, Tata Motors’ stock has dropped 41.47%, including a nearly 20% decline this year.
Additionally, the Tata Group experienced a significant market value erosion on Monday, losing approximately Rs 90,000 crore amid global market uncertainties.
