Tata Motors Limited has informed the Exchange regarding a press release dated July 08, 2025, titled "Tata Motors Group global wholesales in Q1FY26".
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Awaiting price reaction for this filing.
Tata Motors Group reported global wholesales of 2,99,664 units in Q1 FY26, down 9% compared to Q1 FY25. Passenger vehicles (including EVs) wholesales fell 10% to 1,24,809 units, while commercial vehicles and Tata Daewoo range declined 6% to 87,569 units. Jaguar Land Rover wholesales dropped 11% to 87,286 vehicles, with Jaguar at 2,339 units and Land Rover at 84,947 units. The press release excludes CJLR (JLR-Chery JV) volumes from JLR numbers. All three business segments posted lower volumes versus the year-ago quarter.
Broad-based decline across commercial vehicles, passenger vehicles, and JLR may weigh on near-term sentiment, though this is a wholesale (factory despatch) report and reflects demand and inventory conditions rather than retail performance. Investors should watch for the upcoming earnings release for margin and commentary.