Below are the financial statements of Tata Motors Passenger Vehicles, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of INR | 2025 | 2024 |
|---|---|---|
| Revenue from operations | — | — |
| Revenue | 4,368.21a | 4,312.12a |
| Other operating revenues | 28.74a | 28.04a |
| Total revenue from operations | 4,396.95a | 4,340.16a |
| Other income | 62.44a | 56.92a |
| Total income | 4,459.39a | 4,397.08a |
| Expenses | — | — |
| Cost of materials consumed | -2,411.48a | -2,492.78a |
| Purchase of products for sale | -278.02a | -250.43a |
| Changes in inventories of finished goods, work-in-progress and products for sale | -28.36a | -15.66a |
| Employee benefits expense | -477.67a | -419.9a |
| Finance costs | -50.83a | -75.94a |
| Compulsorily convertible preference share measured at fair value (gain)/loss | -0.84a | 0.48a |
| Foreign exchange loss/(gain) (net) | -9.22a | 0.15a |
| Depreciation and amortisation expense | -232.56a | -272.39a |
| Product development/engineering expenses | -107.16a | -109.59a |
| Other expenses | -853.99a | -771.98a |
| Amount transferred to capital and other account | -311.05a | -267.58a |
| Total expenses | -4,118.96a | -4,110.4a |
| Profit before share of profit in equity accounted investees, exceptional items and tax | 340.43a | 286.68a |
| Share of profit in equity accounted investees (net) | 2.87a | 7a |
| Profit before exceptional items and tax | 343.3a | 293.68a |
| Exceptional items (loss) (net) | -5.5a | -9.39a |
| Profit before tax from continuing operations | 337.8a | 284.29a |
| Tax (credit)/expense (net) | — | — |
| Current tax | -50.23a | -49.37a |
| Deferred tax | -54.79a | -89.61a |
| Total tax (credit)/expense (net) | -105.02a | -40.24a |
| Profit for the year from continuing operations | 232.78a | 324.53a |
| Profit (loss) before tax for the year from discontinued operation | 49.75a | -4.74a |
| Tax expense of discontinued operations | -1.04a | -1.72a |
| Profit (loss) for the year from discontinued operation | 48.71a | -6.46a |
| Profit for the year | 281.49a | 318.07a |
| Attributable to | — | — |
| Shareholders of the company | 278.3a | 313.99a |
| Non-controlling interests | 3.19a | 4.08a |
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