Tata Motors returns to profitability with a net profit of Rs 2,958 cr in Q3FY23

The company declared a consolidated net profit of Rs 2,958 crore for the quarter ended December.

25 Jan 2023 | 7119 Views | By Autocar Pro News Desk

After seven quarters of losses, Mumbai-based Tata Motors declared a consolidated net profit of Rs 2,958 crore for the quarter ended December on Wednesday, compared to a loss of Rs 1,516 crore the previous year, owing to strong demand amid global uncertainties. Revenue from operations climbed 22.5% YoY to Rs ...

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