In the fourth quarter, Tata Motors experienced a 31.7% decline in profit, primarily impacted by subdued performance at its Jaguar Land Rover (JLR) unit. Contrasting this, the company's India passenger vehicle (PV) segment delivered record sales, stronger profit margins, and robust growth in electric vehicle (EV) sales. This segment emerged as the key driver of Tata Motors' earnings during the quarter. The results highlight the contrasting dynamics within Tata Motors' business, with domestic operations showing resilience and growth amid challenges faced by its international luxury brand, JLR. The India passenger vehicle business delivered record sales, stronger margins and robust EV growth, emerging as the company’s key earnings driver.