Tata Motors Passenger Vehicles (TMPV) on Friday posted a massive 2110% rise in its consolidated profit at Rs 76,248 crore in the July-September quarter. The surge was driven by a one-time exceptional gain of Rs 82,616 crore arising from the de-merger of the commercial vehicles business. Adjusting for this one-time gain, it was a weak weak operating quarter for the company, as it slipped into a net loss of Rs 6,368 crore. This was largely due to Jaguar Land Rover operations and declining group revenues. Revenue from operations dropped to Rs 71,714 crore from Rs 82,841 crore in the year-ago period. At the operating level, the company reported an Ebitda loss of Rs 1,404 crore, a sharp reversal from the Rs 9,914 crore Ebitda profit posted in Q2FY25.