CriticalPositive
Announced Wed, 12 Aug · 16:03 IST

Tata Motors Q1 Results: Net profit surges 83% YoY to ₹2,560 crore, revenue improves 20%

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AI summary

Tata Motors reported a consolidated net profit of Rs 2,560 crore for the June quarter, up 83.24 percent year-on-year from Rs 1,397 crore, partly aided by a mark-to-market gain on its Tata Capital investments. Consolidated revenue from operations rose to Rs 20,576 crore, marking nearly 20 percent growth over Rs 17,192 crore in the year-ago period. Sequentially, net profit also improved from Rs 1,793 crore in the March quarter.