Tata Motors Q1 Results: Auto major posts Rs 3,203 cr profit on JLR push; revenue jumps 42%
New Delhi, July 25, 2023.
Tata Motors Ltd. (TML) announced its results for quarter ending June 30, 2023.
Consolidated(₹ Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles(₹Cr, Ind AS)Tata Passenger Vehicles(₹ Cr, Ind AS)FY24Vs. PYFY24Vs. PYFY24Vs. PYFY24Vs. PYQ1 FY24Revenue102,23642.1 %6,90357.0 %16,9914.4% 12,83911.1% EBITDA (%)14.4700 bps16.3960 bps9.4390 bps5.3(80) bpsEBIT (%)8.1880 bps8.61,300 bps6.5 370 bps1.010 bpsPBT (bei)5,330₹10,292 crs435£959m937₹635 crs186₹172 crs
Tata Motors Consolidated:
TML continued its strong performance in Q1 FY24 with Revenues at ₹102.2K Cr (up 42% yoy), EBITDA at ₹14.7K Cr (up 177% yoy) and EBIT of ₹8.3KCr (higher by ₹8.8KCr), all showing a sharp improvement driven by JLR and CV bu...
