Tata Motors Q2 Profit: Rs 3,783 Crore - Auto News
Nov 02, 2023 16:03
Tata Motors reported a consolidated net profit of Rs 3,783 crore for the September quarter, a turnaround from a loss in the same period last year. Revenue also grew significantly.
New Delhi, Nov 2 (PTI) Tata Motors on Thursday reported a consolidated net profit of Rs 3,783 crore for the September quarter.
The Mumbai-based auto major had posted a consolidated net loss of Rs 1,004 crore in the year-ago period, Tata Motors said in a regulatory filing.
Total consolidated revenue from operations stood at Rs 1,05,128 crore, as compared with Rs 79,611 crore in the year-ago period, it added.
Shares of the company ended 1.51 per cent higher at Rs 636.80 apiece on the BSE.
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