Tata Motors Passenger Vehicles Ltd.

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Large Cap | Automobiles - Passenger Cars
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Tata Motors reports 67% rise in Q3 consolidated net profit

Date: 30-01-2021

Tata Motors has reported results for third quarter ended December 31, 2020.

The company has reported net loss from continuing operations of Rs 638.04 crore for the quarter under review as against net loss of Rs 1,039.51 crore for the same quarter in the previous year. Total income of the company increased 32.54% at Rs 14,837.25 crore for Q3FY21 as compared Rs 11,194.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 67.20% rise in its net profit attributable to shareholders at Rs 2,906.45 crore for the quarter under review as against net profit of Rs 1,738.30 crore for the same quarter in the previous year. Total income of the company increased by 5.22% at Rs 76,365.79 crore for Q3FY21 as compared Rs 72,576.20 crore for the corresponding quarter previous year.