TaMo CV Q1 PAT soars 83% YoY to Rs 2,560 cr on one-time gain
Commercial vehicle major Tata Motors CV on Wednesday reported a net profit of Rs 2,560 in the first quarter of financial year 2027, marking a jump of 83.3% from Rs 1,397 crore reported in the same period last year. The net profit is attributable to the shareholders of the company.
Tata Motors said the increase in net profit was led by mark to market gain on investments in Tata Capital.
The company’s revenue from operations came in at Rs 20,667 crore, up 19% from Rs 17,324 crore in the corresponding quarter of the previous financial year, the Tata Group company said in an exchange filing post market hours.
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Tata Motors said the increase in net profit was led by mark to market gain on investments in Tata Capital.
The company’s revenue from operations came in at Rs 20,667 crore, up 19% from Rs 17,324 crore in the corresponding quarter of the previous financial year, the Tata Group company said in an exchange filing post market hours.
More to come...
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