Profit after tax rose 141.5% from ₹2,906 crore a year earlier, and reported tax was a net credit. On the company's continuing basis, which excludes prior-period items, profit before tax rose 32.5%.
Standalone EBIT margin (company definition) was 9.7%, against 10.2% a year earlier. Tata Motors said 35% of Iveco shares had been tendered by 22 October; the acceptance period ends on 26 October.
Consolidated revenue from operations was Rs 54,486 crore, against Rs 45,152 crore as reported in Q2 FY26 including BPSL, or Rs 41,469 crore on the company's pro forma basis excluding it.
A year earlier, in Q2 FY26, it earned Rs 6,442.53 crore. First-half standalone profit fell to Rs 1,031.04 crore from Rs 12,566.46 crore; the gross refining margin was US$32.53 a barrel in Q2 FY27.
Global Generics revenues from North America fell 23% to Rs 24,890m while India rose 17% and Emerging Markets 24%. Gross margin narrowed to 52.1% from 54.7%.