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Tata Motors shares fall after 51% drop in March quarter net profit

Business Standard LogoBusiness Standard14h ago

Tata Motors shares fall after 51% drop in March quarter net profit - Business Standard

Quick Summary:

Tata Motors on Tuesday reported a 51 per cent decline in consolidated net profit to Rs 8,556 crore for the March quarter, hit by lower volumes and operating leverage.

Shares of Tata Motors on Wednesday dropped over 1 per cent after the firm reported a 51 per cent decline in consolidated net profit for the March quarter.

The auto major had posted a consolidated net profit of Rs 17,528 crore in the fourth quarter of the previous fiscal year, Tata Motors said in a regulatory filing.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 16:40:27 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28709657

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 293 posts per day

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Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #49

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