Tata Motors Passenger Vehicles Ltd.
-6.05 (-1.76%) Tata Motors reports 52% fall in Q3 consolidated net profit
Date: 14-02-2013Tata Motors has reported results for third quarter ended December 31, 2012.
The company has reported a net loss of Rs 458.49 crore for the quarter ended December 31, 2012 as compared to a net profit of Rs 173.67 crore for the same quarter in the previous year. Total income from operation of the company has decreased by 20.25% at Rs 10741.89 crore for quarter under review as compared to Rs 13470.48 crore for the quarter ended December 31, 2011.
On consolidated basis, the company has reported 52.21% fall in its net profit at Rs 1627.5 crore for the quarter as compared to Rs 3405.55 crore for the same quarter in the previous year. However, total income of the company has increased by 1.87% at Rs 46278.14 crore for quarter under review as compared to Rs 45427.77 crore for the quarter ended December 31, 2011.