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Automobile company Tata Motors has received a net profit of Rs 5,451 crore in the third quarter of FY 2024-25. It has decreased by 22% on an annual basis. The company made a profit of Rs 7,025 crore in the same quarter of a year ago.
The company’s revenue was Rs 11.36 lakh crore due to the operation in the October-December quarter. In the same quarter of a year ago, Tata Motors recorded a revenue of Rs 11.06 lakh crore. It has increased 2.71% on an annual basis. The amount received from selling goods and services is called revenue or revenue.
Tata Motors total income increased by 3%
Tata Motors’s total income increased by 3% to Rs 11.54 lakh crore in the October-December quarter. The company’s total income was Rs 11.21 lakh crore in the second quarter of FY 2023-24.
Tata Motors shares rose by 3% today
Prior to the results, Tata Motors shares closed at Rs 754.80 on Wednesday (January 29) on Wednesday (29 January) at Rs 754.80. The company’s stock climbed 2.88% in a month and fell 32.85% in 6 months. The company’s stock has dropped 10% in a year. The market cap of Tata Motors is Rs 2.77 lakh crore.
Consolidated profits mean performance of the entire group
Companies’ results come in two parts- Standalone and Consolidated. Financial performance of only one unit is shown in standalone. Whereas, the entire company reports are given in the consolidated or consolidated financial report.
Here, there are more than 100 subsidiary and associate companies like Tata Motors’ Jaguar Land Rover. The financial report of all these will be called concealed. At the same time, if different results of Jaguar Land Rover will be called standalone.
