Tata Motors back in profit on JLR boost

PTI

Updated At : 12:01 PM Jul 26, 2023 IST

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New Delhi, July 25

Tata Motors on Tuesday reported a consolidated net profit of Rs 3,300.65 crore in the first quarter ended June 30, riding on sharp improvements in performance of its British arm Jaguar Land Rover and commercial vehicles business.

The company had posted a consolidated net loss of Rs 4,950.97 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.

Consolidated revenue from operations stood at Rs 1,01,528.49 crore, as compared to Rs 71,227.76 crore in the year-ago period, it added.

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