Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore
10 months, 3 weeks ago

Tata Motors Q3 Consolidated Net Profit Jumps to Rs 7025 Crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker by revenues, on Friday posted more than two-fold jump in its consolidated net profit at Rs 7,025 crore for the October-December quarter from Rs 2,958 crore year ago, helped by robust demand for passenger and commercial vehicles in India, sustained growth in Jaguar Land Rover models, easing raw material costs, price hikes and a superior product mix. The Mumbai-based firm’s revenue jumped 25 per cent on-year to Rs 1,10,577 crore as against Rs 88,489 crore in the same period last year, Tata Motors said in an exchange filing. Its earnings before interest, taxes, depreciation and amortization or EBITDA soared 42.5 per cent YoY to Rs 15,418 crore, and operating margin expanded by 171 basis points to 13.94 per cent. Tata Motors’ total vehicle sales in the domestic and international market for Q3 FY2023-24 stood at 2,34,981 vehicles, higher than 2,28,169 units in the same quarter last year.

Units Crore Quarter Tata Tata Motors Motors Q3 Consolidated  net  crore  jumps  vehicles  sales  motors  rs  market  q3  consolidated  units  tata  profit  7025  quarter

History of this topic

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November
3 weeks, 1 day ago

Punch, Nexon, Curvv, Safari, Tiago, Altroz, others: Tata's domestic car sales rise 2% in November

India Today  

Homegrown auto major Tata Motors has reported a growth of 2% year-on-year in domestic passenger vehicle sales at 47,063 units in November 2024. The company's overall PV volume rose 2% y-o-y to 47,117 units in November 2024 from 46,143 units in November 2023. On the commercial vehicle front, there was a decline of 1% y-o-y in the domestic market at …

These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore
1 month, 2 weeks ago

Tata Motors Q2 net profit falls 11% to Rs 3,343 crore

Deccan Chronicle  

PUNE: Tata Motors, India’s biggest automaker’s consolidated net profit for the July-September quarter fell 11 per cent on-year to Rs 3,343 crore, driven by weak performance at its Jaguar Land Rover unit and in its commercial vehicles segment. Its consolidated revenue also dropped 3.5 per cent to Rs 1.01 lakh crore, largely impacted by lower sales volumes. Meanwhile, Tata Motors' …

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious
1 month, 2 weeks ago

Tata Motors sees Q2 profit fall on weak JLR, domestic auto sales, keeps near-term outlook cautious

Live Mint  

Tata Motors reported a drop in consolidated net profit in the second quarter of FY25, dragged down by weaker sales across its luxury car arm Jaguar Land Rover and domestic commercial and passenger vehicle businesses. On PLI, Balaji told Mint, “We are expecting that by Q3 we should have the first funds being released, which are rightfully due to us …

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show
1 month, 2 weeks ago

Tata Motors Q2 Results: Drop in PAT, H2 outlook among 5 key highlights from automaker’s earnings show

Live Mint  

Tata Motors Q2 Results: Automaker Tata Motors on Friday, November 8, reported its second quarter results for the financial year 2025, wherein it witnessed a decline in both revenue and profits. Here are key takeaways from Tata Motor's Q2 earnings: PAT, revenue, margins dip The Tata group company reported an 11 per cent year-on-year fall in consolidated net profit to …

Tata Motors share price in focus ahead of Q2 results today: Here is what analysts expect
1 month, 2 weeks ago

Tata Motors share price in focus ahead of Q2 results today: Here is what analysts expect

Live Mint  

Stock Market Today: Tata Motors share price has declined sharply by over 11% in the last one month amid a correction in the benchmark indices. Tata Motors share price was down around 1% in morning trades on Friday ahead of the earnings announcement by the auto major for the quarter ended September 2024 today. Here is what analysts expect from …

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%
1 month, 2 weeks ago

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%

Live Mint  

Trent Q2 Results: Trent Ltd, a Tata Group company, posted a 46.9 per cent year-on-year growth in consolidated net profit for the September quarter to ₹355.06 crore on Thursday, November 7. On a standalone basis, Trent's revenue jumped 39 per cent YoY to ₹4,035.56 crore while the net profit rose 46.18 per cent YoY to ₹423.44 crore. In an otherwise …

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY
1 month, 2 weeks ago

M&M Q2 results: Net profit rises 35% to ₹3,171 crore, revenue up 10% YoY

Live Mint  

Mahindra & Mahindra Ltd on Thursday, November 7 reported a 35% year-on-year jump in its consolidated net profit to ₹3,171 crore for the second quarter of FY25. Meanwhile, the auto major's consolidated revenue from operations grew 10% YoY to ₹37,689 crore in Q2 FY24 from ₹34,281 crore in Q2 FY24. Automobile Segment Mahindra’s Auto segment revenue in Q2 FY25 grew …

Tata Steel Q2: Steelmaker Returns To Profit At Rs 833 Crore, Revenue Dips
1 month, 2 weeks ago

Tata Steel Q2: Steelmaker Returns To Profit At Rs 833 Crore, Revenue Dips

ABP News  

Tata Steel Ltd on Wednesday announced its financial results for the July-September quarter in the 2024-25 fiscal year. The firm’s revenue from operations slipped 3 per cent to Rs 53,489.73 crore in the quarter under review, as compared to Rs 55,107.21 crore logged in the September quarter in the previous fiscal year. The steelmaker clocked expenses at Rs 52,331.58 crore …

Titan Company Q2 net profit falls 23% to ₹704 crore
1 month, 2 weeks ago

Titan Company Q2 net profit falls 23% to ₹704 crore

The Hindu  

Titan Company Ltd. for the second quarter ended September 30 reported 23% drop in consolidated net profit at ₹704 crore as compared with ₹916 crore in the year ago period due to impact of normalisation of custom duty cut. The company’s consolidated revenues from sale of products and services increased 26% to ₹13,473 crore in over ₹10,708 crore in the …

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024
1 month, 4 weeks ago

Top 6 Cities in India See Significant Surge in Home Sales in Q3 2024

Hindustan Times  

Indian homeowners have shown a strong interest in purchasing homes in major cities across the country during the January-September period of 2024. Pune and Delhi-NCR emerged as top performers, with a combined value of ₹4.26 lakh crore sold during the quarter. Delhi-NCR led the way with sales worth ₹1.2 lakh crore, while Pune sold the highest number of units at …

Tata Motors Q1 Results 2024: Net Profit Jumps 73.7% to Rs 5,566 Crore, Revenue Up 5.7%
4 months, 3 weeks ago

Tata Motors Q1 Results 2024: Net Profit Jumps 73.7% to Rs 5,566 Crore, Revenue Up 5.7%

News 18  

Tata Motors Q1 Results 2024: Tata Motors on Thursday declared its Q1 financial results. The auto major posted a 73.77 per cent jump in its net profit to Rs 5,566 crore for the June 2024 quarter. Jaguar Land Rover’s revenues grew by 5.4 per cent to £7.3 billion, with EBIT margins of 8.9 per cent driven by favourable volume, mix …

Tata Motors stock gains 6%, reaches new all-time high after Nomura upgrades rating to ’buy’
4 months, 4 weeks ago

Tata Motors stock gains 6%, reaches new all-time high after Nomura upgrades rating to ’buy’

Live Mint  

Shares of Tata Motors, a leading global automobile manufacturer, surged 6% to hit a fresh all-time high of ₹1,084.90 per share in today's trade following an upgrade from Japanese brokerage firm Nomura. The brokerage highlighted that Tata Motors’ strategy to transition Jaguar Land Rover from premium to luxury segments is expected to keep the brand competitive amidst rising competition. For …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16
5 months, 1 week ago

Q1 results today: Bajaj Auto, L&T Finance, Network18 among 25 companies to announce earnings on July 16

Live Mint  

The earnings season has begun for Q1 FY25 and many companies including TCS, SpiceJet, Jio Financial Services have already announced their quarterly results. Q1 results today On July 16, these companies are scheduled to announce their quarterly results: Alok Industries, Agro Tech Foods, Atishay, Bajaj Auto, Aditya Birla Money, BMW Industries, Century Textiles and Industries, Crisil, Capital Trade Links, D …

Tata Motors Group Hikes Investment Outlay To Rs 43,000 Cr For FY25
7 months ago

Tata Motors Group Hikes Investment Outlay To Rs 43,000 Cr For FY25

News 18  

Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover and Rs 8,000 crore for Tata …

Tata Motors Rebounds After Monday's 9% Plunge, But Analyst Advises Caution
7 months, 1 week ago

Tata Motors Rebounds After Monday's 9% Plunge, But Analyst Advises Caution

News 18  

Tata Motors, which declined as much as nearly 9 per cent on Monday, on May 14 opened in green territory in the morning trade. On the BSE, Tata Motors’ shares rose Rs 5.65 or 0.59 per cent to close at Rs 965.2 apiece. Tata Motors’ shares on Monday declined below Rs 1,000, as its Q4 results missed Street estimates and …

Tata Motors share price: Why did automaker giant's stock plunge by 9%?
7 months, 1 week ago

Tata Motors share price: Why did automaker giant's stock plunge by 9%?

Hindustan Times  

Tata Motors share price: Tata Motors witnessed a major decline in its shares, plummeting around 9 per cent, following disappointing March quarter earnings that failed to impress investors. Tata Motors Tata Motors share prices The 30-share BSE Sensex was down by 161 points at 72,504, while the NSE Nifty was quoted 35 points lower at 22,022. Tata Motors experienced a …

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato
7 months, 1 week ago

Stocks to watch: Tata Motors, ICICI Bank, Vedanta, Piramal Enterprises, Zomato

Live Mint  

Tata Motors: The company reported a 222% surge in net profit to ₹17,407.2 crore in Q4FY24, driven by strong performance across all auto businesses. Kalyan Jewellers: The company reported a consolidated net profit at ₹1,374.93 crore for the March quarter, growing almost two times from ₹697.99 crore in the same quarter of the previous financial year. ABB India: The company …

Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore
7 months, 2 weeks ago

Tata Motors Q4 Results: Net Profit Jumps Over 3-fold at Rs 17,528.59 Crore

News 18  

Tata Motors on Friday reported an over three-fold jump in its consolidated net profit to Rs 17,528.59 crore for the March 2024 quarter. Tata Motors’ net profit had stood at Rs 5,496.04 crore in the corresponding quarter last year, Tata Motors said in a regulatory filing. Revenue for the quarter was 7.9 billion pounds, up 11 per cent versus Q4 …

Tata Tech share price plunge 5% on muted Q4 results: Details
7 months, 2 weeks ago

Tata Tech share price plunge 5% on muted Q4 results: Details

Hindustan Times  

Tata Tech share price: Shares of Tata Technologies fell 5 percent today after the company posted weak results for the January-March quarter. Tata Tech share price: Brokerage JM Financial said Tata Tech's management indicated that some residual draw-down in the Vinfast account will continue in Q1FY25 as well. Tata Tech Q4 results Tata Tech's net profit for the March quarter …

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%
7 months, 3 weeks ago

Maruti Suzuki Q4 net profit up 48% at Rs 3,878 cr, revenue up 19%

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported a standalone net profit of Rs 3,878 crore for the fiscal fourth quarter, up 48 per cent from the year-ago period due to higher sales volume and favourable commodity prices. The company declared its highest-ever dividend of Rs 125 per share.Maruti said it has achieved its highest-ever annual sales volume, …

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?
8 months, 2 weeks ago

Tata Steel share price hits 52-week high after Q4 update: Will it rise more?

Hindustan Times  

Tata Steel share price: Shares of Tata Steel rose over 2 per cent to hit a fresh 52-week high ₹166.85, surpassing the earlier peak of ₹166.3 touched on April 3. Tata Steel share price: Automotive and special products segment deliveries increased by 8 per cent in FY24, the company said. The company produced 18.85 million tonnes of steel during the …

Carmakers post higher March sales, end fiscal 2024 at record levels
8 months, 3 weeks ago

Carmakers post higher March sales, end fiscal 2024 at record levels

Deccan Chronicle  

Top car makers in India such as Maruti Suzuki, Hyundai Motor, Tata Motors, Mahindra & Mahindra and Toyota Kirloskar Motor reported higher car sales in March and the automakers ended fiscal 2024 with record sales figures, monthly data from the companies showed on Monday.Every month, automobile makers release wholesale from their factory gates to dealers.The auto sector carries more than …

Planning to buy a new car? Tata Motors to hike prices up to 2% across segments from this date
9 months, 2 weeks ago

Planning to buy a new car? Tata Motors to hike prices up to 2% across segments from this date

Hindustan Times  

Tata Motors announced on Thursday that it would implement a price hike of up to 2 per cent on its commercial vehicles starting April 1 to compensate for lingering effects from previous input cost increases. Although the degree of increase will vary based on individual models and variants, it will be implemented uniformly across the entire spectrum of commercial vehicles, …

Tata Motors share price: Morgan Stanley's 'overweight' call on demerger decision
9 months, 2 weeks ago

Tata Motors share price: Morgan Stanley's 'overweight' call on demerger decision

Hindustan Times  

Tata Motors Share price today: Morgan Stanley assigned 'overweight' call on Tata Motors after the Indian automaker said that it will split into two listed companies- commercial vehicle and passenger vehicle businesses as separate entities. Tata Motors Share price today: A Tata Motors logo installed at one of its showroom is pictured in Mumbai. Stocks in focus today: Tata Motors …

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY
9 months, 3 weeks ago

Tata Motors sales rise 8% to 86,406 units in February; PV sales up 19% YoY

Live Mint  

Tata Motors reported an 8.4% rise in its total wholesales to 86,406 units in February as compared with 79,705 units in the same month last year. The automobile major’s total domestic sales stood at 84,834 units last month as against 78,006 units last month, a growth of 9%. Tata Motors’ passenger vehicles sales, including electric vehicles, in the domestic market, …

PNC Infratech shares climb 5% after company secures order worth ₹699 crore
9 months, 3 weeks ago

PNC Infratech shares climb 5% after company secures order worth ₹699 crore

Live Mint  

Shares of PNC Infratech, an infrastructure company, surged by 5% to reach an all-time high of ₹469 per share during Tuesday's intraday trading session. In January, PNC Infratech was also awarded the contract for the construction of the Western Bhopal Bypass, involving the development of a 4-lane road with paved shoulders along with service roads. Government initiatives like Bharatmala Pariyojana, …

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales
10 months, 1 week ago

M&M Q3: Automaker Logs Net Profit Growth Of 34 Per Cent On Strong Sales

ABP News  

Automaker Mahindra & Mahindra clocked a 34 per cent jump in its consolidated profit on a year-on-year basis in its third quarter earnings on Wednesday. The vehicle sales of the firm grew 20 per cent to 2,11,443 units sold in the October-December quarter in the current fiscal year, against 1,76,094 units sold in the corresponding quarter a year earlier. At …

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL
10 months, 1 week ago

Stocks to Watch: Adani Group, Mahindra & Mahindra, Zee, Hindalco, BHEL

Live Mint  

Adani Group: US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments and a capital infusion by the group over the past year. On Tuesday, Moody's upgraded the ratings of four Adani firms to stable — Adani Green Energy Ltd, Adani …

Mahindra Q3 profit after tax up 34%
10 months, 1 week ago

Mahindra Q3 profit after tax up 34%

New Indian Express  

MUMBAI: Mahindra & Mahindra on Wednesday reported a 34 per cent increase in its consolidated profit after tax at Rs 2,658 crore for the third quarter ended December 31, 2023, driven by robust sales across verticals. The auto major had reported a profit after tax of Rs 1,984 crore for the October-December quarter of the last financial year. Revenue increased …

Tata Motors hits 52-week high after 137% surge in Q3 profits reported
10 months, 2 weeks ago

Tata Motors hits 52-week high after 137% surge in Q3 profits reported

Hindustan Times  

Shares of Tata Motors, India's most valuable carmaker, hit a record high on Monday, rising as much as 7.2%, after it reported a more than two-fold increase in third-quarter profit, driven by strong sales in its British luxury car unit, Jaguar Land Rover. Despite global demand being a concern, with JLR's strong order book, Tata Motors is on track to …

Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY
10 months, 3 weeks ago

Delhivery Q3 results: Logistics firm turns profitable, revenue jumps 20% YoY

Live Mint  

Delhivery Q3 results: Logistics company Delhivery reported a net profit of ₹11.7 crore in the October- December 2023 quarter. The company's consolidated net revenue increased by 13% QoQ to ₹2,194 crore against ₹1,941 crore in the previous quarter. Its net consolidated revenue increased 20.32% YoY against ₹1,823 crore in the year-ago period. The revenue of the logistics company increased by …

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore
10 months, 3 weeks ago

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore

India TV News  

Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company. In the preceding September quarter, Yes Bank's net profit stood at …

TVS Motor’s Q3 | Improved sales lift net profit to ₹593 crore
10 months, 4 weeks ago

TVS Motor’s Q3 | Improved sales lift net profit to ₹593 crore

The Hindu  

TVS Motor Company’s standalone net profit for the December quarter rose 68% from the year-earlier period to ₹593 crore on improved sales. Revenue from operations grew by 26% to ₹8,245 crore, while costs of raw material increased to ₹5,696 crore from ₹4,882 crore, the automobile firm said in a regulatory filing. There was a marginal increase in two-wheeler exports to …

Tata Steel Q3 results: Net profit at ₹522 crore — Here are 5 key highlights
10 months, 4 weeks ago

Tata Steel Q3 results: Net profit at ₹522 crore — Here are 5 key highlights

Live Mint  

Tata Steel, on January 24, reported a consolidated net profit of ₹522 crore in third quarter for FY24. Here are 5 key highlights from Tata Steel Q3 FY24 results - Net Profit The company reported a consolidated net profit of ₹522 crore in third quarter for FY24, against a net loss of ₹6,511.16 crore in the second quarter for FY24. …

TVS Motor Q3FY24 Results: Net profit jumps 68% YoY to ₹593 crore
11 months ago

TVS Motor Q3FY24 Results: Net profit jumps 68% YoY to ₹593 crore

Live Mint  

TVS Motor, one of the country's leading two-wheeler makers released its Q3FY24 results today, posting a 68% jump in its standalone net profit at ₹593.35 crore as compared to a net profit of ₹352.75 crore in the same period last year. The outperformance in net profit exceeded the expectations of domestic brokerage firm Motilal Oswal, which had anticipated a net …

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore
11 months ago

Reliance Industries Q3 Results: Net Profit Jumps 9 Per Cent To Rs 17,265 Crore

ABP News  

Reliance Industries Ltd on Friday clocked a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The company's net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December, the third quarter of the current 2023-24 fiscal, was 9.3 …

TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high
11 months, 1 week ago

TVS Motor enters ₹1 lakh crore market cap club as shares hit fresh record high

Live Mint  

Marking a significant milestone, TVS Motor, one of the country's leading two-wheeler makers, surpassed the ₹one lakh crore market capitalisation in today's trade as its shares hit a new peak of ₹2,108.95 apiece. The monthly sales figures for December 2023 reached an impressive 301,898 units, marking a 25% growth compared to the 242,012 units recorded in December 2022. The overall …

Tata Motors hits 52-week high after JLR Q3 wholesales surge 27 per cent
11 months, 2 weeks ago

Tata Motors hits 52-week high after JLR Q3 wholesales surge 27 per cent

India TV News  

Tata Motors shares rose about 2.50 per cent to hit a 52-week high of Rs 809.20 on Tuesday after its wholly-owned subsidiary, Jaguar Land Rover, posted a 27 per cent rise in wholesales for the third quarter. Demand for Range Rover, Range Rover Sport, and Defender remains particularly strong, representing 76 per cent of the order book," the company said …

Tata Motors reports mixed sales in November, yet this SUV stands out | Check
1 year ago

Tata Motors reports mixed sales in November, yet this SUV stands out | Check

Hindustan Times  

In November, Tata Motors reported stable year-on-year sales, but a monthly decline. Despite being India's top-selling SUV, the Nexon/EV experienced a slight drop, falling to 14,916 units from 15,871 in November 2022, marking a 6.02 per cent YoY decline, Live Hindustan reported Tata Punch competes in a fast-growing micro-SUV space. Tata Altroz faced a slight downturn, selling 4,955 units in …

Force Motors shares hit 5% upper circuit as net profit grows 395% in Q2
1 year, 1 month ago

Force Motors shares hit 5% upper circuit as net profit grows 395% in Q2

Live Mint  

Force Motors, the Abhay Firodia group's flagship company, saw its shares hit the 5% upper circuit limit of ₹4,053.25 apiece during early trade deals on Friday. For the July-September quarter of FY24, the company reported a net profit of ₹94 crore, which displays a strong improvement from a net profit of ₹19 crore reported in the same period of last …

Ircon International Q2 results: Net profit increases to ₹251 crore
1 year, 1 month ago

Ircon International Q2 results: Net profit increases to ₹251 crore

Live Mint  

Ircon International Q2 result: Navratna company reported a 44% rise in its net profit to ₹250.8 crore in the September quarter of FY24, against a net profit of ₹174.2 crore in the year-ago period. Its consolidated total income increased to ₹3,136.3 crore in the second quarter of the ongoing fiscal from ₹2,305.9 crore in the same quarter last year. The …

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2
1 year, 1 month ago

Maruti Suzuki posts highest ever net profit at Rs 3,716 crore in Q2

Deccan Chronicle  

Pune: Maruti Suzuki, India’s biggest car maker, on Friday reported an 80.3 per cent year-on-year jump in its standalone net profit at Rs 3,716.5 crore for the quarter ended September 30 on the back of higher net sales, softening of commodity prices, cost reduction efforts and higher non-operating income. The maker of popular car models like Baleno and Invicto’s profit …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

‘Tata Motors on track to sell 1,00,000 e-passenger cars in FY24’
1 year, 2 months ago

‘Tata Motors on track to sell 1,00,000 e-passenger cars in FY24’

The Hindu  

Tata Motors Ltd., is on-track to sell about 1,00,000 electric passenger cars during the current fiscal year, according to Vivek Srivatsa, Head Marketing, Sales and Service Strategy at Tata Passenger Electric Mobility. From April to September 2023, Tata Motors sold 36,500 electric passenger cars against 50,443 units in FY23. “Our ambition is to sell 1,00,000 units in the current fiscal,” …

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%
1 year, 4 months ago

Mahindra Q1 results: Net profit rises 98%, revenue jumps 23%

India Today  

Homegrown auto major Mahindra & Mahindra today reported a growth of 98% year-on-year in standalone net profit at Rs 2,774 crore for the quarter ended June 2023 owing to handsome volumes in both auto and farm sectors. Category Q1 FY24 Q1 FY23 Growth Revenue from operations Rs 24,368 cr Rs 19,813 cr 23% Ebitda Rs 3,547 cr Rs 2,422 cr …

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s
1 year, 4 months ago

Stocks to Watch: RIL, Axis Bank, TechM, Marico, IndiGo, Dr Reddy’s

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Reliance Industries: Jio Financial Services Ltd, the demerged financial lending arm of Reliance Industries Ltd, and BlackRock, the world’s largest asset manager, have joined hands to set up an asset management company with a combined investment of $300 million. Net interest income or core income jumped …

JLR drives Tata Motors to ₹ 3,203 cr profit in Q1
1 year, 4 months ago

JLR drives Tata Motors to ₹ 3,203 cr profit in Q1

Live Mint  

NEW DELHI : Tata Motors Ltd swung to a consolidated net profit in the June quarter from a year-earlier loss lifted by robust sales of luxury vehicles by its British unit, Jaguar Land Rover, and an improved operating performance of its commercial vehicle business in India. The Mumbai-based automaker also announced that it will consolidate its capital base, converting all …

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