Tata Motors’ commercial-vehicle (CV) business reported a 48 per cent year-on-year decline in net profit to ₹705 crore in Q3FY26, even as profit before tax (PBT) rose 65 per cent to ₹2,568 crore.

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The company incurred exceptional costs worth Rs 1,643 crore during the quarter, due to demerger and acquisition-related costs, along with new labour code impact.

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Tata Motors Commercial Vehicles reported a net profit of ₹705 crore for the December quarter, a 48% decline from ₹1,355 crore last year. Revenue rose to ₹21,732 crore, up from ₹18,697 crore in the ...

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