TATA Motors’ net profit increased by 74 percent from April to June quarter this year. At that time, the net profit of the company was 5 thousand 566 crore rupees, whereas the amount of the previous year was 3 thousand 203 crore rupees. News The Hindu.
However, the profit has decreased by 68 percent compared to January-March quarter, the profit in that quarter was 17 thousand 407 crore rupees.
According to Tata Motors’ financial report, the company’s total operating income for the April-June quarter rose 5.68 percent to Rs 1,848 crore in the same period of 2023. Last year the income was Rs 1 lakh 2 thousand 236 crores.
However, Tata’s revenue in the January-March quarter was Rs 1 lakh 19 thousand 986 crores.