• Fri. Dec 8th, 2023
Total capex for FY24 is Rs 38,000 crore of which JLR is Rs 30,000 crore, says CFO

July 25, 2023 / 06:00 PM IST

Tata Motors Q1 Results Live: Highlights

– Automaker Tata Motors Ltd reported the company’s quarterly performance on July 25.

– Its consolidated net profit was Rs 3,203 crore.

– Revenue grew 42 percent to Rs 1.02 lakh crore.

– EBITDA rose 177 percent to Rs 14,700 crore in the quarter.

Jaguar Land Rover(JLR) revenue at the company’s wholly-owned subsidiary rose 57 percent to £6.9 billion.

– EBIT margins improved to 6.5 percent.

– The PV business remained stable with revenue growth of 11.1 percent and EBIT at 1.0 percent.

– Overall PBT improved by Rs 10,300 crore to Rs 5,300 crore and net profit to Rs 3,300 crore.

Leave a Reply

Your email address will not be published. Required fields are marked *