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N Chandrasekaran, Chairman, Tata Motors
| Photo Credit:
BIJOY GHOSH
Despite prevailing volatility, geopolitical tensions and prospect of trade tariffs impacting the automobile sector, Tata Motors is confident of thriving, said Chairman N Chandrasekaran at the automaker’s annual general meeting.
Earlier this week, Chandrasekaran had skipped attending the AGMs of two other major Tata group companies – Tata Consumer Products and Tata Consultancy Services – in the aftermath of the Air India plane crash in Ahmedabad last week that claimed over 200 lives.
Chandrasekaran started the AGM by observing a moment of silence for those who had lost their lives and the families affected by the tragedy.
“This has been a long and unsettling week for all of us—as a nation, as a Group, and at a very human level, navigating an enormous gulf of sorrow, grief and uncertainty all at the same time. The last few months have been full of loss. Late last year, we bid farewell to Ratan Tata, under whose hand the Group expanded while staying true to its values,” said N Chandrasekaran, addressing the shareholders.
“Over the past few years, we have significantly strengthened, streamlined and simplified this business. Each business—commercial vehicles, passenger vehicles and JLR—is healthy, financially fit and has its own strategy, led by independent management teams. An area where we need to deliver this year is to improve market share in the small commercial vehicle segment, which is underperforming, and the company is focused on addressing it,” he said
The company stated it became debt-free in FY25 despite a complex macro environment. The company will be operating as two independently listed companies, one with commercial vehicles and one with passenger vehicles, and JLR by the end of the calendar year.
On a consolidated basis, Tata Motors delivered a revenue of ₹4,39,695 crore, EBITDA of ₹57,649 crore, and PBT (before exceptional items) of ₹34,330 crore in FY25.
“Going forward, volatility will continue to mark economic cycles—from widespread geopolitical conflicts, military escalations, the redrawing of supply chains and tariff regimes, to AI and energy transition. Nowhere are all these disruptions more visible than in the automotive sector. Given the enormous amount of work we have done over the past few years—from simplifying the businesses to making big strategic bets to strengthening our financial position—our businesses are structured to not just handle this environment, but to thrive,” added N Chandrasekaran.
Published on June 20, 2025
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