Tata Motors reports 10% fall in Q2 consolidated net profit

Ace News

8th Nov 2024

Tata Motors has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 62.44% fall in its net profit at Rs 477 crore for the quarter ended September 30, 2024 as compared to Rs 1,270 crore for the same quarter in the previous year. Total income of the company decreased by 17.31% at Rs 15,812 crore for Q2FY25 as compared to Rs 19,122 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported fall of 9.97% in net profit at Rs 3,450 crore for Q2FY25 as compared to Rs 3,832 crore for the same quarter in the previous year. Total income of the company decreased by 3.51% at Rs 103,016 crore for Q2FY25 as compared to Rs 106,759 crore for the corresponding quarter previous year.