Tata Motors has posted a consolidated net profit of Rs 3,202 crore in the quarter ended June 2023 as compared to a loss of Rs 5,006.6 crore in the same quarter last year. However, the net profit was down 40.7 per cent when compared to Rs 5,407.79 crore profit in the quarter ended March 2023.
The revenue from operations for the quarter at Rs 1.01 lakh crore rose sharply by 42.6 per cent as compared to Rs 71,227.76 crore in the same quarter last year. Sequentially, the revenue from operations was down 3.3 per cent from Rs 1,05,016.7 crore.
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