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On Tuesday, Tata Motors has posted a 16.79 percent YoY decline in its consolidated net profit at Rs 4,336 crore for the March quarter.
The company had posted a net profit of Rs 5,211 crore in the corresponding quarter of last year.
The consolidated revenue for the quarter (net of excise) has been declined 2.86 percent YoY to Rs 77,272 crore as compared with Rs 79,549 crore of the corresponding quarter of last year.
The company has said that its revenues were declined by Rs 9,032 crore on account of translation impact from British pound to rupee.
