Tata Motors Q1 net crashes by 24% to Rs1,763 crore
8 Aug 2013 10:44 PM GMT
Homegrown auto major Tata Motors on Wednesday reported a 23.81 per cent decline in consolidated net profit to Rs 1,762.81 crore for the first quarter ended 30 June. The company had posted a consolidated profit of Rs 2,313.87 crore in the same quarter last fiscal, Tata Motors said.
Net sales stood at Rs 46,751.26 crore compared with Rs 43,171.13 crore in the corresponding period last fiscal. Sales from British arm Jaguar Land Rover were up 13.31 per cent to Rs 35,364.97 crore from Rs 31,209.59 crore.
Net sales stood at Rs 46,751.26 crore compared with Rs 43,171.13 crore in the corresponding period last fiscal. Sales from British arm Jaguar Land Rover were up 13.31 per cent to Rs 35,364.97 crore from Rs 31,209.59 crore.
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