Tata Motors (TMPV) reported a sharp 80% year-on-year decline in consolidated net profit for the June quarter due to weaker Jaguar Land Rover (JLR) performance, higher commodity costs and adverse foreign exchange movements. Consolidated profit after tax fell to Rs775 crore in Q1 FY27 from Rs3,924 crore a year ago, and was also below Rs5,783 crore in the March quarter. The reported profit was 53% below the Bloomberg estimate of Rs1,665 crore. Revenue from operations rose 9.3% year-on-year to Rs95,799 crore from Rs87,141 crore, but declined 10% sequentially from Rs1,04,923 crore. The top line was also above the Bloomberg estimate of Rs92,848 crore.