Tata Motors on Friday reported a 63% decline in its Q1 consolidated net profit to Rs 3,924 crore, compared to Rs 10,514 crore in the year-ago period.
The profit attributable to shareholders was higher than Street estimates of Rs 3,408 crore.
The company’s total revenue from operations stood at Rs 1.04 lakh crore, down 0.3% from Rs 1.07 lakh crore reported in the corresponding quarter of the previous financial year.
