Tata Motors slipped 6.67% to Rs 702.25 after its consolidated net profit declined 22.41% to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24.
Driven by an improved product mix, Tata Motors’ revenue from operations improved by 3% y-o-y to Rs 1.13 lakh crore, but was lower than the estimate of Rs 1.17 lakh crore.
Tata Motors reported 22.41% decline in consolidated net profit to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24.
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