Tata Motors Recovers From Loss, Earned 3034 Crores In Third Quarter NDTV Hindi NDTV India

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The demand for Tata’s Punch has additionally elevated.

New Delhi:

Automobile firm Tata Motors has earned an built-in web revenue of Rs 3,043 crore within the third quarter of October-December of the present monetary 12 months 2022-23. The revenue of the corporate has elevated because of good gross sales of automobiles in the course of the quarter. The corporate had a web lack of Rs 1,451 crore within the October-December quarter of the final monetary 12 months 2021-22.

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Within the info despatched to the inventory markets, the corporate stated that its whole earnings additionally elevated to Rs 88,489 crore in the course of the quarter. It was Rs 72,229 crore in the identical interval of the final monetary 12 months.

On a standalone foundation, the corporate’s web revenue greater than doubled to Rs 506 crore in the course of the interval. It was Rs 176 crore in the identical quarter a 12 months in the past.

Tata Motors stated that the income of Jaguar Land Rover, the British unit of the Tata group, elevated by 28 p.c to 6 billion kilos within the final December quarter.

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