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TuxBot@infosec.pubBannedB to Economy@lemmy.worldEnglish · 7 months ago

Tata Motors Q2 Results: Profit declines 62% to Rs 477 crore, falls short of expectations

economictimes.indiatimes.com

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Tata Motors Q2 Results: Profit declines 62% to Rs 477 crore, falls short of expectations

economictimes.indiatimes.com

TuxBot@infosec.pubBannedB to Economy@lemmy.worldEnglish · 7 months ago
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Tata Motors reported a 62.4% YoY decline in Q2 net profit to Rs 477 crore, missing expectations. Revenue dropped 16.3% to Rs 15,518 crore due to weak demand in passenger vehicles, aluminum supply issues, and commercial vehicle sales slowdown.
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