Tata Motors remains optimistic about its ability to grow despite ongoing global uncertainty, Chairman N Chandrasekaran told shareholders at the company’s annual general meeting. He acknowledged the wider geopolitical tensions, potential trade barriers, and industry volatility that continue to affect the global automotive sector. Despite these challenges, he said the company is well-positioned to move forward.
Mr Chandrasekaran opened the meeting by paying tribute to the victims of the recent Air India plane crash in Ahmedabad, which claimed more than 200 lives. He also reflected on the passing of Ratan Tata last year, calling it a moment of deep loss for the group and the country. “This week has been difficult for all of us—as a nation, as an organization, and personally. It’s been a time of grief and reflection,” Mr Chandrasekaran said.
He noted that over the past few years, Tata Motors has undertaken major steps to simplify its operations and strengthen its financial foundation. Each core business unit—commercial vehicles, passenger vehicles, and Jaguar Land Rover—now operates with a distinct strategy and leadership.
However, he admitted that the small commercial vehicle segment continues to underperform, and addressing this will be a key focus in the coming year. Tata Motors reported consolidated revenue of ₹4,39,695 crore in FY25, with an operating profit (EBITDA) of ₹57,649 crore and profit before tax (excluding exceptional items) of ₹34,330 crore. The company also announced it has become net debt-free during the financial year.
By the end of this calendar year, Tata Motors will split its operations into two separately listed entities—one focused on commercial vehicles and the other on passenger vehicles, along with Jaguar Land Rover. Looking ahead, Mr Chandrasekaran said the company expects economic and political turbulence to persist. He pointed to global conflicts, shifts in trade and supply chains, technological disruption, and the energy transition as ongoing concerns that directly affect the automotive sector.
“The automotive industry is at the center of several major shifts—from artificial intelligence to energy systems to geopolitical changes. Over the last few years, we’ve done the groundwork to adapt, and we are confident in our ability to succeed in this environment,” he said.
Tata Motors is one of India’s leading automotive manufacturers, with a diverse portfolio spanning commercial vehicles, passenger vehicles, electric mobility, and luxury brands through its subsidiary Jaguar Land Rover. Known for its focus on innovation, quality, and sustainability, Tata Motors plays a key role in shaping the country’s mobility landscape. The company continues to invest in electric vehicle development, advanced safety features, and smart technologies to meet evolving consumer demands and regulatory requirements. With a strong global presence and a growing emphasis on future-ready manufacturing, Tata Motors remains committed to delivering value-driven transportation solutions that support both economic progress and environmental responsibility.
