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.