Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
333.00
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Tata Motors’ Q2 consolidated net profit declines 7%

Date: 15-11-2014

Tata Motors has reported results for second quarter ended September 30, 2014.

The company has reported a net loss of Rs 1845.63 crore for the quarter ended September 30, 2014 as compared to a net loss of Rs 803.53 crore for the same quarter in the previous year. Total income has decreased marginally by 0.58% at Rs 8892.33 crore for quarter under review as compared to Rs 8944.64 crore for the quarter ended September 30, 2013.

On consolidated basis, the company’s net profit after taxes and minority interest for the quarter under review registered 7.09% fall at Rs 3290.86 crore against Rs 3541.86 crore in the September quarter of previous fiscal. However, the company’s total income has increased by 6.45% at Rs 60782.60 crore for the quarter from Rs 57099.54 crore in the similar quarter of previous year.