Tata Motors Q3 Results: Net profit declines 48% to ₹705 crore, revenue improves 16.2%
Tata Motors Commercial Vehicles reported a 48% drop in Q3 net profit to ₹705 crore, impacted by exceptional items totaling ₹1,600 crore. However, revenue rose 16.23% to ₹21,732 crore, with a 41% YoY jump in EBITDA, and a strong outlook for Q4 demand.
Tata Motors Commercial Vehicles reported a 48% drop in Q3 net profit to ₹705 crore, impacted by exceptional items totaling ₹1,600 crore. However, revenue rose 16.23% to ₹21,732 crore, with a 41% YoY jump in EBITDA, and a strong outlook for Q4 demand.
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