Back in the black. Tata Motors Q1 consolidated net profit at Rs 3,301 crore

PTI Updated - July 25, 2023 at 04:14 PM.

Tata Motors on Tuesday reported a consolidated net profit of Rs 3,300.65 crore in the first quarter ended June 30, 2023.

The company had posted a consolidated net loss of Rs 4,950.97 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.

Consolidated revenue from operations stood at Rs 1,01,528.49 crore, as compared to Rs 71,227.76 crore in the year-ago period, it added.

Also read: Tata Motors to set up EV battery plant for JLR in Britain

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Total expenses were at Rs 98,266.93 crore, as against Rs 77,783.69 crore in the same quarter a year ago, the company said.

Published on July 25, 2023 10:39
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