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Tata Motors AGM Observes Silence for Air India Crash Victims and Charts Demerger Roadmap

Chairman N Chandrasekaran underscored record FY25 results with a plan to split the company into separate commercial and passenger vehicle entities by year-end.

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Overview

  • At the 80th AGM in New Delhi on June 20, Chairman N Chandrasekaran led a one-minute silence to honor the victims of Air India flight AI-171, which crashed in Ahmedabad on June 12 killing 241 of the 242 aboard and 29 on the ground.
  • Tata Motors posted a record Rs 4,39,695 crore in consolidated revenue for FY25 alongside Rs 57,649 crore in EBITDA and Rs 34,330 crore in profit before tax, enabling the group to achieve debt-free status.
  • The board confirmed progress on the demerger plan to establish separate listed entities for commercial vehicles and passenger cars including Jaguar Land Rover by the end of the calendar year.
  • Chandrasekaran cautioned that the automotive sector will continue to face disruptions from geopolitical tensions, supply chain shifts, artificial intelligence integration and the global energy transition.
  • The chairman also paid homage to late Tata Group leader Ratan Tata, highlighting his enduring influence on the company’s values and strategic direction.