Net profit for the quarter ended 30 September fell 11% year-on-year (y-o-y) to ₹3,343 crore, while revenue from operations declined for the first time in ten quarters by 3.7% to just over ₹1 trillion. A shortage in aluminium supply impacted profitability at JLR, which accounts for two-thirds of Tata Motors' revenues.
Lower wholesales for JLR and the India passenger vehicle business both impacted the company's operational performance, P.B. Balaji, group chief financial officer, Tata Motors, said in a post-earnings conference call.
Bu hikaye Hindustan Times dergisinin November 09, 2024 sayısından alınmıştır.
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Bu hikaye Hindustan Times dergisinin November 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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