Tata Motors announced a standalone net profit of ₹2,556 crore for the first quarter of FY27, marking an 83% increase compared to the previous year.
The company's revenue rose by 19% to ₹20,667 crore, driven by firm demand despite facing significant commodity cost headwinds.
Following the strong results, Nomura upgraded the stock, and the company plans to implement price hikes to offset rising input costs.