Tata Motors Ltd.

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Tata Motors reports strong Q1 numbers; consolidated net profit up 72%

Date: 02-08-2024

Tata Motors has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported net profit of Rs 2,190 crore for Q1FY25 as compared to net loss of Rs 64 crore for the same quarter in the previous year. Total income of the company increased by 9.54% at Rs 18,851 crore for Q1FY25 as compared to Rs 16,132 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 72.43% rise in its net profit at Rs 5,692 crore for the quarter ended June 30, 2024 as compared to Rs 3,301 crore for the same quarter in the previous year. Total income of the company increased by 5.82% at Rs 109,623 crore for Q1FY25 as compared to Rs 103,597 crore for the corresponding quarter previous year.