Tata motors Q3 results: India’s major automobile company Tata motors FY 2024-25 Third quarter (Q3) Have released the results of The company in this quarter 5,578 crore net profit with a decline of 22% Which happened 7,145 crore rupees in the same period last year Was. However, the company’s total revenue 1,13,575 crore rupees Reached, which 1,10,577 crore of last year More than But, rising expenses and Jaguar Land Rover (JLR) Profit has decreased due to weak performance of.
Tata motors Q3 results: Total revenue improves, but spending increased
Tata Motors in this quarter Total income of Rs 1,13,575 crore Entered, which More than the same quarter of last year Is. The company said that the reason for this growth is the good demand of vehicles in various markets and Improvement in business strategies Is. However, the company’s total expenditure in the same period 1,07,627 crore rupees Which is last year 1,04,494 crore rupees More than Due to rising expenses Decline in profit Got to see
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Tata motors Q3 results: JLR’s weak performance
Its biggest shock for Tata Motors Luxury vehicle brand jaguar land rover (jLR) Whose The pre-tax profit declined by 12% in this quarter. Its profit was affected due to reduction in sales of JLR and high discounts. Other than this, Domestic car business also recorded a decline of 38%Which led to a negative impact on the total profit of the company.
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Experts say that Tata Motors and JLR gave more discounts to attract customersWhich led to some improvement in demand, but its effect Company profits But lying Since JLR Tata Motors’s total income Two-thirds Contributes, so its weak performance directly affects the company’s financial position.
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Tata motors Q3 results: future prospects
The company hopes that JLR’s wholesale sales improvement in Q4 FY25 will be. Although, Company cautious about demand in demand in China Has been made. According to Tata Motors, in the coming quarter Better supply chain management and cost control Through the company will try to improve its performance.
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Tata Motors in this quarter Improved revenue, but declines in profits due to increasing expenses and weak performance of JLR I. Domestic car market and JLR’s weak sales remain a matter of concern for the company. However, the company hopes that JLR sales will improve in coming quartersWhich can improve its financial performance.