Tata Motors Q1 Results Highlights: Net profit jumps 74% to ₹5,566 crore; board gives nod to demerger proposal

Tata Motors posted a 74% year-on-year jump in Q1FY25 net profit at ₹5,566 crore. The automobile major's revenue grew 6% YoY to ₹1.08 lakh crore. The company's board gave the nod for its demerger into separate listed entities.

Tata Motors Q1 Results LIVE Update at 4:25 pm: Board approves demerger of company into two separate listed entities

The board of Tata Motors has approved the demerger of the company into two separate listed entities. The commercial and passenger vehicle businesses will be segregated as TML Commercial Vehicles Limited and Tata Motors Passenger Vehicles Limited.

Tata Motors Q1 Results LIVE Update at 4:20 pm: EBITDA rises 19% YoY to ₹15,785 crore

The consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at ₹15,785 crore during the quarter under review, which is 19% higher as compared to ₹13,217 crore in the year-ago period.

The EBITDA margin improved to to 14.6% in Q1FY25 from 12.9% in Q1FY24.

Tata Motors Q1 Results LIVE Update at 4:15 pm: Revenue up 6% YoY

The consolidated revenue from operations has climbed to ₹1.08 lakh crore in the quarter ended June 2024, which is 6% higher as compared to ₹1.02 lakh crore in the year-ago period.

Tata Motors Q1 Results LIVE Update at 4:10 pm: Net profit jumps 74% YoY to ₹5,566 crore

Tata Motors' consolidated net profit has jumped 74% year-on-year to ₹5,566 crore in Q1FY25, as compared to ₹3,203 crore in the year-ago period.

Tata Motors Q1 Results LIVE Update at 3:30 pm: Shares close in the red ahead of results

Ahead of the release of Q1 results, Tata Motors settled on the NSE at ₹1,142.65, down 1.21% at the closing bell.

Tata Motors Q1 Results LIVE Update at 01:10 pm: How the company performed in the year-ago quarter?

In Q1FY24, Tata Motors had reported a 42% YoY surge in consolidated revenue at ₹1.02 lakh crore. The net profit during the period came in at ₹3,202 crore.

Tata Motors Q1 Results LIVE Update at 12:20 pm: How the company performed in the preceding March 2024 quarter

• In the quarter ended March 2024, Tata Motor's net profit grew around 3x as compared to the year-ago period to ₹17,407 crore.
• The revenue from operations jumped to ₹1.19 lakh crore, higher by 13.5% than the year-ago quarter.

Tata Motors Q1 Results LIVE Update at 11:35 am: Stock edges lower after slump in July sales

Tata Motors' stock edged in the red after data released by the automobile major showed a 10.7% YoY slump in July sales. The shares were trading 0.9% lower at ₹1,146.55 apiece on the NSE at 11:35 am.

Tata Motors Q1 Results LIVE Update at 10:55 am: Company's July sales down over 10% YoY

Tata Motors' automobile sales in the month of July 2024 decelerated by 10.7% as compared to the same month last year. The company sold a total of 71,996 units during the month under review as against 80,633 units in July 2023.

Tata Motors Q1 Results LIVE Update at 10:10 am: How Tata Motors' stock has performed in recent period

• Year-to-date, Tata Motors' stock has grown by around 47%.
• The climb has been sharper at about 81% in the past 12 months.

Tata Motors Q1 Results LIVE Update at 9:20 am: Stock up 1.5% ahead of release of earnings

Ahead of the release of the earnings report, estimates suggested a strong quarter for the vehicle maker. The net profit is expected to rise 48% year-on-year (YoY), and the revenue is likely to climb 6% YoY, the Economic Times reported, citing estimates shared by four brokerages.

In Q1FY24, Tata Motors had reported a 42% YoY surge in consolidated revenue at ₹1.02 lakh crore. The net profit during the period came in at ₹3,202 crore.

In the last quarter of FY24, the net profit grew three-fold as compared to the year-ago period at ₹17,407 crore. The revenue from operations increased 13.5% YoY to ₹1.19 lakh crore.

A day ahead of the results, Tata Motors settled at ₹1,162.25 per share, down 0.5% as against the previous closing price. Year-to-date, the stock is up by around 47%, whereas the surge has been sharper at about 81% in the past 12 months.