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Tata Motors has reported a 49.20% YoY fall in consolidated profit at Rs.2,176.16 crore, for the quarter ended March 31,2018.
The company had reported a profit of Rs.4,336.43 crore, in the corresponding period last year. consolidated revenue for the quarter came in at Rs.91,279 crore, up 18.2% YoY. Profit before tax for the quarter fell 55% to Rs.2,308 crore.
Further, the company’s subsidiary JLR reported 4% rise in net revenue at 7,555 million pounds, while its PBT fell 46% to 364 million pounds.
