New Delhi, Nov. 15 -- The two demerged Tata group companies - Tata Motors (which houses the commercial vehicle business) and Tata Motors Passenger Vehicles - announced their earnings for the second quarter of the financial year 2025-26 (FY26) this week. It marked the first earnings announcement since the demerger.

After the demerger and Q2FY26 results, the contrast between Tata Motors and Tata Motors Passenger Vehicles has become sharper.

Tata Motors reported a consolidated net loss of Rs.867 crore for the September quarter, weighed down by mark-to-market losses of Rs.2,026 crore related to its investment in Tata Capital. The newly-listed company had posted a net profit of Rs.498 crore in the same quarter last year.

Revenue from operat...