Tata Motors Reports INR 33.43 Billion Net Profit For Q2 FY2025

Tata Motors - JLR

Tata Motors, one of the leading passenger and commercial vehicles manufacturer, has announced its financial results for Q2 FY2025.

The company reported consolidated revenue of INR 1,015 billion, down 3.5 percent YoY; EBITDA at 1,160 billion, down 230 bps and net profit at INR 33.43 billion, down 11 percent YoY.

During the quarter, the passenger vehicle volumes were down 6.1 percent YoY at 130,500 units on the back of slow consumer demand and seasonal factors. The commercial vehicle sales came at 79,800 units, lower 19.6 percent YoY impacted by slowdown in infrastructure project execution, reduction in mining activity and an overall drop in fleet utilisation due to heavy rains.

On the other hand, Jaguar Land Rover delivered an eighth successive profitable quarter, despite temporary aluminium supply constraints.

Going forward, the company has maintained a cautious outlook for the near-term in domestic demand. However, the festive season and substantial investments in infrastructure should help bolster it. JLR wholesales are expected to improve sharply, as supply challenges ease. Overall, we expect an all-round improvement in performance in H2 FY25 and the business to become net debt free by this year.

PB Balaji, Group CFO, Tata Motors, said: “Growth in the quarter was impacted due to significant external challenges as highlighted earlier. Overall, the business fundamentals remain strong, and we remain focused on our agenda of driving growth, competitiveness and free cash flows. As the supply challenges ease and demand picks up, we are confident of steady improvement in our performance and delivering a strong H2.”

Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said: “The passenger vehicle industry in Q2 FY25 witnessed around 5 percent decline in registrations, resulting in continued build-up of channel inventory. Sales of EVs were additionally impacted by lapse of certain subsidies. We moderated our offtakes in Q2 to proactively keep our channel inventory under control. Q3 has started off with a resurgence in industry demand on the back of a robust festive season. Tata Motors recorded its highest ever monthly registrations of around 68.5k during October, which helped in bringing down the inventory to normal levels. Our multi-powertrain suite of Curvv, Nexon iCNG and Nexon.ev 45 has garnered strong consumer interest as we continue to ramp up deliveries in Q3.”

Girish Wagh, Executive Director, Tata Motors, said, “Q2 FY25 moderated the positive momentum seen by the commercial vehicles industry at the start of the fiscal, due to slowdown in infrastructure project execution, reduction in mining activity and an overall drop in fleet utilization due to heavy rains. Tata Motors Commercial Vehicles domestic sales at 79.8K units were 19.6 percent lower than Q2 FY24 sales. Our demand-pull strategy and vigilance on costs had the business deliver EBITDA margins of 11.2 percent in H1 FY25. Going forward, with the rains easing, increased infrastructure spending, and the arrival of the festive season boosting consumption, we anticipate demand to pick up.”

Adrian Mardell, Chief Executive Officer, JLR, said: “JLR has delivered a resilient performance in Q2, resulting in a 25 percent increase in first half profits year-on-year. Our teams responded brilliantly to the aluminium supply shortages we experienced in the quarter, so we could deliver as many orders as possible to clients. We continue to make good progress delivering our Reimagine strategy. We have invested GBP 250 million so far to prepare our Halewood UK plant for electric vehicle production and with strong global demand for our products, we are well positioned to deliver on our commitments again this financial year.”

Mitsubishi Motors Teases Multi Meter To Feature In All-New Pajero SUV

Mitsubishi Pajero

Japanese automotive brand Mitsubishi Motors Corporation has announced the upcoming global debut of its Pajero cross-country SUV this autumn.

The new Pajero will now feature a Multi Meter, a digital triple meter display that tracks driving conditions. It provides data including altitude, compass heading, ambient temperature, pitch angles, roll angles and torque distribution. The system displays information intended to assist drivers on inclines, mountain roads, trails, rocky terrain and muddy conditions.

First introduced in 1981, the Pajero has been one of the most successful for the Mitsubishi brand, selling over 3.3 million units, in its 40-year run.

Now in its fifth generation, the Pajero SUV, is set to mark a comeback for the popular model after a five-year hiatus.

BMW Group Extends Sustainability Approach With BMW X5

BMW X5 Sustainability

German luxury automotive brand BMW Group extends its approach to sustainability to vehicle derivatives with the BMW X5, with an aim to optimise the vehicle lifecycle and minimise the carbon footprint across the supply chain, production, use phase and recycling.

Decarbonisation across the supply chain remains a lever for reducing CO2e emissions. The BMW Group focuses on renewables, recycled materials, and process innovations. During the product development process, CO2e emissions of the BMW X5 fell by 40 percent.

The body uses flat steel, of which 50 percent is electric arc furnace steel (EAF steel) with recycled material content, produced using renewables. This share of steel results from collaboration with suppliers in North America.

The BMW X5 uses recycled materials in components, including aluminium wheel rims, swivel bearings, wheel supports, rear axle supports and brake callipers.

Renewables power the electrolysis and production of these components. The aluminium for the doors contains 35 percent recycled material from the press shop at BMW Spartanburg. The material for the yarn of the headliner fabric consists of 100 percent recycled PET. In the BMW iX5 60 xDrive, one third of the vehicle consists of recycled materials, equivalent to a weight of 940 kilograms.

The Gen6 battery cells in the battery of the BMW iX5 include recycled materials in the cobalt, lithium and nickel content. Renewables power the production of anode materials, cathode materials and cell manufacturing. Compared with the Gen5 cell in the BMW iX, CO2e emissions fell by 28 percent per watt-hour.

The EfficientDynamics technology package optimises vehicle efficiency across subsystems during the use phase. This includes aerodynamics, lightweight construction, wheels, tyres and energy management.

The BMW iX5 features the ‘Heart of Joy’ from the BMW iX3 and BMW i3, with the BMW Dynamic Performance Control driving stack developed in-house. The system enhances efficiency: during deceleration, energy is recovered through recuperation down to a standstill.

Depending on the drivetrain variant, mileage and electricity source for charging, the BMW iX5 60 xDrive achieves a CO₂e advantage over a model with an internal combustion engine after one to two years of use.

The sustainability approach extends to vehicle manufacturing at Plant Spartanburg. Power for production at Plant Spartanburg comes from renewables. Between 2006 and 2025, energy consumption per produced vehicle decreased by 66 percent. The volume of waste sent to landfills fell by 88 percent over the period. The battery assembly plant in Woodruff runs without fossil fuels in operation.

The BMW Group will publish the Product Carbon Footprint for the BMW X5, validated by the German Technical Inspection Association (TÜV), to accompany the series launch. The report, including the calculation methodology, will be available to the public. The BMW Group provides transparency regarding raw materials and CO2e emissions across the vehicle lifecycle.

BMW Launches New X6 M60i xDrive In India At INR 17.79 Million

BMW X6 M60i xDrive

German luxury carmaker BMW India has launched the new X6 M60i xDrive, a performance Sports Activity Coupé (SAC) as a Completely Built-Up Unit (CBU) at INR 17.79 million (ex-showroom).

At the heart of the new X6 M60i is a 4.4-litre V8 petrol engine featuring a 48V mild-hybrid system. The powertrain delivers 530 hp and 750 Nm of torque, enabling the SAC to accelerate from zero to 100 kmph in 4.3 seconds, with an electronically limited top speed of 250 kmph.

The SAC comes is equipped with an 8-speed Steptronic Sport automatic with paddle shifters, BMW xDrive intelligent all-wheel drive with an M Sport differential. For handling it gets integral Active Steering and Adaptive M suspension with electronically controlled dampers. The stopping power comes with M Sport braking system with red-painted callipers.

The exterior features a coupe silhouette, slim Adaptive LED headlights with M Shadowline accents and an M-specific kidney grille. The vehicle comes standard with 21-inch M light-alloy wheels.

The interior is anchored by the BMW Curved Display, which houses a 12.3-inch information display and a 14.9-inch control display under a single glass surface. The cabin is upholstered in Sensafin and includes features such as Harman Kardon surround sound, ventilated comfort seats with memory functions, and an ambient light bar. Customers can further personalise the vehicle with optional BMW Individual paint finishes and Merino leather upholstery.

The X6 M60i xDrive runs on BMW iDrive Operating System 8.5 and includes the BMW Intelligent Personal Assistant. Connected features provided through the My BMW app include Digital Key Plus, remote services and real-time traffic information.

Driver assistance systems include a 360-degree surround view for parking assistant, reversing assistant, which records and executes the last 200 metres of steering input. Safety suite features Six airbags, Dynamic Stability Control (DSC), Dynamic Traction Control (DTC) and Cornering Brake Control (CBC).

Through BMW India Financial Services, customers can access BMW SMART Finance, which includes an assured buyback offer of 60 percent after three years or 10,000 km. Financing packages for service, secure advance and extended warranties are also available.

Hardeep Singh Brar, President and CEO, BMW Group India, said, “The new BMW X6 M60i xDrive is an absolute powerhouse engineered to command the road with an unmistakable, muscular stance. Positioned at the pinnacle of expressive luxury, this sports activity coupé is crafted for individuals who demand a distinct lifestyle. At its heart lies the legendary V8 engine, offering raw, emotional power.”

Renault India Add 4 New Variants To Kiger SUV Line-Up

Renault Kiger

Renault India has introduced four variants to its Kiger SUV range, updating the model’s powertrain and trim options. The changes include the addition of an Evolution+ variant and an expanded selection of turbo-powered models.

The French automaker has added the Evolution+ trim across its naturally aspirated (manual and AMT) and turbo (manual) engines. Features included in this variant comprise a keyless entry and start system, driver seat height adjustment, smartphone replication, automatic climate control and fabric upholstery.

Additionally, Renault has expanded its turbo-powered range from three to five options by offering the Techno trim with a 5-speed manual transmission. The naturally aspirated range has increased from six to eight variants.

With these updates, the Kiger turbo-powered line-up now starts at INR 789,000 (ex-showroom). The base price for the Evolution+ variant is INR 699,000 (ex-showroom).

Francisco Hidalgo, VP – Sales and Marketing, Renault India, said, “At Renault, our focus has always been on making innovation and mobility more accessible to customers. With the New Kiger range, we are taking this commitment further by bringing turbo performance, premium features, and greater choice within easier reach. As customer expectations continue to evolve, accessibility today goes beyond price—it is about enabling a more complete and rewarding ownership experience. This update reflects our effort to democratise features and technologies that matter most, while staying true to Kiger’s core promise of performance.”