ZF Commercial Vehicle reported an 18% year-on-year rise in Q2 net profit to Rs 127.7 crore, while revenue increased 33% to Rs 1,215 crore. EBITDA grew 25.8% to Rs 169 crore, but its margin narrowed to 13.9% from 14.7%. Tata Motors’ passenger vehicle unit posted a quarterly loss of Rs 5,531 crore as consolidated revenue rose 34% to Rs 96,920 crore; domestic passenger vehicle revenue reached a record Rs 20,423 crore, up 51%. Tata Motors shares closed 3.4% lower at Rs 287. Patanjali Foods’ Q2 net profit fell 19% to Rs 420 crore, while operating revenue rose about 16% to Rs 11,322.58 crore and expenses increased about 18% to Rs 10,997.51 crore.
Standalone revenue rose 15.6% in the quarter ended September 30, while pre-tax profit fell 19% and net profit included a tax credit from a previous year.
Read the full storyExceptional charges totaled 6,738 crore rupees, while Jaguar Land Rover cut its adjusted profit margin forecast for fiscal 2027 to 2–3%.
The company reported a net profit of Rs 127.7 crore as revenue surged 33%, despite facing pressure on operating margins during the quarter.