Tata Motors Passenger Vehicles Ltd.
-0.35 (-0.10%) Tata Motors reports 25% fall in Q3 consolidated net profit
Date: 06-02-2015Tata Motors has reported results for third quarter ended December 31, 2014.
The company has reported a net loss of Rs 2122.72 crore for the quarter as compared to net profit of Rs 1251.40 crore for the same quarter in the previous year. Total income of the company has decreased by 6.59% at Rs 9114.52 crore for quarter under review as compared to Rs 9757.72 crore for the quarter ended December 31, 2013.
On the consolidated basis the company’s net profit after tax and minority interest declined 25.48% to Rs 3580.72 crore for the Q3 FY15 as compared to Rs 4804.8 crore in Q3 FY14. However, total income increased 9.66 % to Rs 70195.23 crore in the quarter under review as compared to Rs 64011.23 crore in the corresponding quarter previous year.