Tata Motors Passenger Vehicles Posts INR 76 Billion Profit On Back Of Exceptional Gain In Q2 FY2026
- By MT Bureau
- November 14, 2025
Tata Motors Passenger Vehicles (TMPVL), one of the leading car manufacturers in the country, has announced its financial results for Q2 FY2026.
The company reported revenue of INR 723 billion, down 13.5 percent YoY and loss before tax came at INR 54.62 billion, down 47 percent YoY. On the other hand, the net profit came at 762 billion, on the back of a notional profit on disposal of discontinued operations of INR 826 billion.
The consolidated performance was significantly impacted by a cyber incident at Jaguar Land Rover (JLR).
Tata Motors-owned British luxury marque brand Jaguar Land Rover reported revenue was down by 24.3 percent to GBP 4.9 billion in Q2 FY26. All JLR metrics were impacted by the cyber incident.
Adrian Mardell, Chief Executive Officer, JLR, said, “JLR’s performance in the second quarter of FY26 was impacted by significant challenges, including a cyber incident that stopped our vehicle production in September and the impact of US tariffs. JLR has made strong progress in recovering its operations safely and at pace following the cyber incident. In our response we prioritised client, retailer and supplier systems and I am pleased to confirm that production of all our luxury brands has resumed."
On the other hand, Tata Motors Passenger Vehicles domestic business saw steady performance during the quarter, rebounding post GST reductions. Revenues were up 15.6 percent at INR 135 billion. During the period, EV sales surged by nearly 60 percent YoY with nearly 25,000 units sold. Alternative powertrains continue to grow, with EV penetration at 17 percent and CNG at 28 percent in Q2 FY2026.
Shailesh Chandra, Managing Director & CEO, Tata Motors Passenger Vehicles, said, “Q2 FY2026 was a landmark quarter for Tata Motors Passenger Vehicles, marked by double-digit year-on-year growth in wholesale volumes and registrations, alongside several record-breaking milestones. Our growth was powered by our multi-powertrain portfolio, with CNG & EV volumes accounting for 45 percent of our volumes in Q2. EV sales surged by nearly 60 percent YoY with nearly 25 thousand units sold in Q2, reaffirming our leadership in sustainable mobility."
The overall global situation remains challenging. Management expects an all-round improvement in performance in H2 FY26.
PB Balaji, Group Chief Financial Officer, Tata Motors said: “It has been a difficult period for the business. However, we are committed to emerging from the cyber incident even stronger. With the demerger completed, both JLR and domestic PV businesses are well poised to leverage the significant opportunities provided by this exciting industry. Demand situation remains challenging globally but domestically there are signs of resurgence. In this context, our strategy is clear, plans robust and we will continue to execute them with speed and rigour to win."
Toyota Kirloskar Motor Reaffirms Carbon-Neutral Goals On Earth Day 2026
- By MT Bureau
- April 21, 2026
Toyota Kirloskar Motor (TKM), one of the leading passenger vehicle manufacturers, has marked Earth Day 2026 by providing an update on its progress toward the Toyota Environmental Challenge 2050.
The company has reported significant milestones in manufacturing decarbonisation, water stewardship, and logistics efficiency, aiming to achieve carbon-neutral manufacturing operations by 2035.
Toyota Kirloskar Motor has focused on eliminating its environmental footprint across its production and supply chain through several key initiatives:
Renewable Energy: For the 5th consecutive year, Toyota Kirloskar Motor’s manufacturing facilities have utilised 100 percent renewable grid electricity, effectively eliminating all Scope 2 emissions.
Logistics Decarbonisation: The company has shifted 24 percent of its vehicle logistics to rail transport, reducing emissions per vehicle from 185 kg to 175 kg. Additionally, the pilot of electric trucks for short-distance transport has resulted in an annual reduction of approximately 950 CO2 emission.
Water & Waste Management: Approximately 89 percent of water requirements are currently met through recycling and rainwater harvesting. The company also maintains a Zero Waste-to-Landfill status, with a recycling rate of over 96 percent.
Aligned with India’s energy landscape, Toyota Kirloskar Motor is pursuing a multi-pathway approach to clean mobility. This includes active pilot projects for Hydrogen Fuel Cell Electric Vehicles (FCEV) and Electrified Flex-Fuel Vehicles (FFV-SHEV) to reduce dependence on energy imports and leverage domestic resources.
On-site, TKM’s Green Wave Project has successfully sequestered 8,118 CO2-emission through afforestation, supporting over 650 plant species. The company's Ecozone, a 25-acre experiential learning centre, has trained over 62,000 students to date, fostering environmental awareness in the next generation.
B Padmanabha, Executive Vice-President of Manufacturing, Toyota Kirloskar Motor, said, “On Earth Day 2026, Toyota Kirloskar Motor proudly reinforces its commitment to ‘Our Power, Our Planet,’ advancing a carbon‑neutral future by embedding sustainability into every aspect of our products, operations, and partnerships. Since 2021, our manufacturing facilities have been powered entirely by renewable grid electricity, eliminating Scope 2 emissions for five consecutive years and demonstrating that industrial growth and environmental responsibility can go hand in hand.”
Renault Duster Bags 5-Star BNCAP Rating For Adult And Child Occupant Protection
- By MT Bureau
- April 20, 2026
European automaker Renault India has announced that its all-new Renault Duster SUV has achieved a 5-star safety rating from the Bharat New Car Assessment Programme (BNCAP).
The results apply across the vehicle's entire range, including the 1.0-litre and 1.3-litre turbo-petrol variants. The SUV scored 30.49 out of 32 for Adult Occupant Protection (AOP) and 45 out of 49 for Child Occupant Protection (COP).
The rating is based on crash tests conducted on the Evolution, Techno and Iconic trims.
Built on the new RGMP platform, the Duster was engineered to meet structural integrity targets for various crash scenarios. Standard safety equipment across all variants includes six airbags, Electronic Stability Program (ESP) and ISOFIX child seat anchors. The vehicle also features Level 2 Advanced Driver Assistance Systems (ADAS), providing 17 active safety functions such as autonomous emergency braking and lane keep assist.
The Duster, which launched in the Indian market last month with a starting price of INR 1.04 million (ex-showroom), is the first Renault model in India to offer this level of automated safety technology. The SUV is backed by a 7-year warranty, positioning it as a highly competitive entry in the mid-size segment against rivals like the Hyundai Creta and Kia Seltos.
Francisco Hidalgo-Marques, VP, Sales & Marketing, Renault Group India, said, “Since the moment of its reveal, the Duster has appealed to Indian customers with its strong SUV design, outstanding ride and handling, and confident performance. With this latest achievement, the Duster now also makes a compelling case for rational buyers combining one of the best fuel efficiency figures in the segment with a 5-star BNCAP safety rating for adult and child occupant protection, and the added reassurance of a best in-market 7-year warranty.”
Dr. V Vikraman, Chief of Renault Engineering, India, added, “This result is rooted in engineering execution on the ground. The Duster was subjected to extensive simulations, physical crash tests, and system-level validations, with a strong focus on real-world Indian driving conditions. From body structure performance to restraint calibration and electronic safety systems, every element was engineered, tested and refined to work together. The 5-star BNCAP rating reflects the rigour of that end-to-end engineering and validation process.”
Hyundai Motor India Launches Venue Knight Edition At INR 969,800
- By MT Bureau
- April 20, 2026
Hyundai Motor India (HMIL), one of the leading passenger vehicle manufacturers, has announced the launch of the Hyundai Venue Knight compact SUV featuring a black-themed design.
The Knight edition is intended to provide a distinct visual identity through exclusive exterior and interior enhancements, with prices for the Venue Knight starting at INR 969,800 (ex-showroom).
The exterior of the Venue Knight includes a black painted front radiator grille, matte black front and rear logos & black skid plates. It also gets black painted roof rails, wing mirrors and 16-inch alloy wheels, complemented by red brake callipers and a Knight emblem. The interior features an all-black cabin with brass-coloured inserts and exclusive seat upholstery.
The Venue Knight is available with multiple powertrain options, including the Kappa 1.2-litre petrol, Kappa 1.0-litre Turbo petrol and the U2 1.5-litre diesel engine, with both manual and automatic transmissions offered.
Alongside this launch, Hyundai has introduced a dashcam with multiple recording modes on the HX6T, HX10 and N10 variants. This system allows for video downloads to mobile devices via a dedicated application.
The company has also expanded the standard Venue colour palette with the introduction of Hazel Blue Matte and Mystic Sapphire Matte.
Amit Dhaundiyal, Head of Product Strategy & Planning, Hyundai Motor India, said, “At Hyundai, we continuously strive to bring products that resonate with the evolving aspirations of Indian customers. The Hyundai Venue Knight represents a bold expression of style and individuality, specially crafted for customers who want their car to reflect their personality. With this launch, we are taking the distinctive black-themed Knight philosophy to one of our most popular compact SUVs. Every element of the Hyundai Venue Knight, from its blacked-out exteriors to its premium interiors with brass inserts, has been thoughtfully curated to create a strong visual identity that stands apart on the road. Alongside the Knight, the introduction of dashcam on select Hyundai Venue variants and the addition of new matte colours further enhance the overall line-up, addressing evolving customer expectations.”
Kia India Launches Refreshed Syros MY26 Starting At INR 839,000
- By MT Bureau
- April 20, 2026
Kia India, one of the leading passenger vehicle manufacturers, has introduced the Model Year 2026 (MY26) update for the Kia Syros SUV, expanding the lineup with new HTE, HTE(O), HTK+(O) and HTX(O) trims.
The revised range starts at INR 839,900 and includes a wider availability of automatic transmission options. The Diesel Automatic variant is now accessible from the HTK+ trim onwards, priced at INR 1.27 million, to address demand for convenient diesel powertrains at lower price points.
The update includes design changes to the front and rear bumpers, featuring aero inserts and black skid plates. The HTX and HTX(O) trims receive a new 17-inch crystal cut alloy wheel design accompanied by neon-coloured brake callipers.
Kia has also added Magma Red, Ivory Silver Matte and Ivory Silver Gloss to the exterior colour palette. The vehicle maintains its 5-star BNCAP safety rating and includes a package of 20 safety features as standard.
Interior features for the Syros MY26 include a 30-inch panoramic display panel, a dual-pane sunroof, and ventilated front and rear seats. The vehicle is equipped with over 80 connected car features and supports over-the-air (OTA) updates. The seating configuration retains the sliding and reclining second row with a 60:40 split to manage interior space and comfort within a compact exterior footprint designed for urban driving.
Atul Sood, Senior Vice-President – Sales & Marketing, Kia India, said, “Customer insights have guided the Syros MY26 evolution, with design enhancements and a revised trim and feature lineup delivering more meaningful value, along with greater choice across trims and powertrains. Syros has been highly recognised by the auto exports, winning multiple awards since launch. And this latest update further strengthens its appeal to a wider set of customers. This thoughtful evolution exemplifies Kia’s consumer-first innovation, blending great cabin space and comfort with city-friendly agility while making premium convenience more accessible than ever. We invite customers to visit their nearest Kia dealerships to experience the Syros MY26.”

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