Tata Motors share price falls 6% as JLR trims FY26 margin forecast

JLR has trimmed its FY26 EBIT margins forecast to 5-7% from 10% earlier due to uncertainty in the global auto industry as US tariffs cast shadow
| Photo Credit:
PRIYANSHU SINGH

Shares of Tata Motors tumbled nearly 6 per cent after UK-based Jaguar Land Rover (JLR) flagged weak free cash flow expectations and macro uncertainties at its investor presentation.

JLR has trimmed its FY26 earnings before interest and taxes (EBIT) margins forecast to 5-7 per cent from 10 per cent earlier due to uncertainty in the global auto industry as US tariffs cast shadow. The company expects free cash flow to be close to zero in FY26.

Tata Motors stock recently gained traction after the analyst meet for India business. The automarker had reported a 51.34 per cent decline in its consolidated net profit at ₹8,470 crore in Q4 as compared to the year-ago quarter.

The stock traded as the major laggard on Monday, down by 4.11 per cent to ₹682.80 as at 10.49 am on the BSE, after hitting a low of ₹672.75 from the previous close of ₹712.05.

Published on June 16, 2025