Tata Motors CV posts Rs 2,138 crore Q2 profit
Tata Motors Ltd achieved a standalone net profit of ₹2,138 crore for the September quarter, reversing last year's loss. Revenue from operations rose significantly to ₹23,930 crore, up 42% from the previous year. Improved demand was driven by higher fleet utilization and industrial activity, accordin
The Bharath News1 min readSource: ET Markets
Read in
Tata Motors Ltd achieved a standalone net profit of ₹2,138 crore for the September quarter, reversing last year's loss. Revenue from operations rose significantly to ₹23,930 crore, up 42% from the previous year. Improved demand was driven by higher fleet utilization and industrial activity, according to managing director Girish Wagh. Consolidated profit also increased to ₹1,257 crore, aided by a drop in mark-to-market losses.
Read the complete story at ET Markets00