Tata Motors Q2 Results: The Automaker Earns Rs 3,764 Crore In Profit Versus A Loss A Year Earlier, But Falls Short Of Expectations

Tata Motors Q2 Results: Consolidated income from operations climbed 32% year on year (YoY) to Rs 1.05 lakh crore, which was somewhat less than the projected Rs 1.07 lakh crore.

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The business claimed that strong profitable growth across auto verticals drove the topline in the quarter

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Tata Motors Ltd recorded a total net profit of Rs 3,764 crore for the quarter ending September 2023,

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Consolidated income from operations climbed 32% year on year (YoY) to Rs 1.05 lakh crore, little less than the expected Rs 1.07 lakh crore.

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As a consequence, the operating margin increased by 638 basis points year on year to 20.18%.

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The business claimed that strong profitable growth across auto verticals drove the topline in the quarter

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