Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
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Tata Motors reports marginal fall in Q3 consolidated net profit

Date: 12-02-2016

Tata Motors has reported results for third quarter ended December 31, 2015.  

The company has reported a net loss of Rs 200.86 crore for the quarter ended December 31, 2015 as compared to net loss of Rs 2122.72 crore for the same quarter in the previous year. However, the company’s total income has increased by 14.88% to Rs 10475.39 crore for the quarter under review from Rs 9118.77 crore for the corresponding quarter of the previous year.   

On the consolidated basis, the company has reported 2.04% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 3507.54 crore for the quarter ended December 31, 2015 as compared to Rs 3580.72 crore for the same quarter in the previous year. However, total income of the company has increased by 2.84% at Rs 72437.02 crore for quarter under review as compared to Rs 70433.92 crore for the quarter ended December 31, 2014.