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2 min read | Updated on January 29, 2025, 18:31 IST
SUMMARY
Tata Motors on Wednesday posted a 22% decline in its consolidated net profit to ₹5,451 crore for the October-December quarter of the current fiscal year (Q3 FY25) against ₹7,025 crore in the year-ago quarter.
Tata Motors' revenue from operations increased to ₹1,13,575 crore for the reporting quarter
Tata Motors on Wednesday, announcing its financial results for the October-December quarter of the current fiscal year (Q3 FY25), posted a 22% year-on-year (YoY) decline in its consolidated net profit to ₹5,451 crore due to weaker margins and muted Jaguar Land Rover (JLR) volumes.
Its net profit stood at ₹7,025 crore in the year-ago quarter. The net profit increased by 63% when compared to ₹3,343 crore reported in Q2 FY25.
Tata Motors' stock ended 3.65% up at ₹754.80 apiece on the NSE on Wednesday, January 29. Market capitalisation of the company stands at ₹2,77,851.31 crore.
The automaker’s revenue from operations for the reporting quarter increased marginally to ₹113,575, up 2.7% as against ₹109,799 crore reported in the previous fiscal.
The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of the company fell by 14.7% in Q3 FY25 to ₹13,081 crore against ₹15,333 crore in Q3 FY24, while the EBITDA margin dropped by 60 basis points YoY to 13.7%.
However, JLR reported strong Q3 performance this fiscal with record revenue and the highest EBIT margin in a decade. This was the ninth straight profitable quarter for the segment.
The revenue of the commercial vehicle (CV) segment of the automaker was down by 8.4% YoY, standing at ₹18,431 crore. EBITDA margins of the segment increased to 12.4%, up 130 basis points YoY.
Tata Motors' passenger vehicle segment recorded a decline of 4.3% in revenue to ₹12,354 crore. However, its EBITDA margin improved to 7.8%, growing by 120 basis points.
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