Tata Motors’ consolidated profit fell in the quarter ended March, missing the lowest analyst estimate. Net profit declined 50 percent to Rs 2,125 crore as compared to the same quarter last year, Tata Motors said in its filing with the stock exchanges. This was much lower that the Bloomberg consensus estimate of Rs 3,750 crore. Revenue rose 18.2 percent on a yearly basis to Rs 91,279.1 crore, surpassing the estimated Rs 88,160 crore.
Read more: [ Ссылка ]
Subscribe to BloombergQuint on WhatsApp: [ Ссылка ]
