24-April-2024
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Tata Motors Q4 net falls 17% to Rs 4,295.9 crore
24-May-2017

Tata Motors on Tuesday said its consolidated net profits had fallen 17% year-on-year to Rs4,295.9 crore for the quarter ended March. The numbers surpassed Bloomberg consensus analyst estimates of Rs2,575.9 crore. The automobile major’s net revenues, which were lower by 2.9% y-o-y at Rs77,272 crore, came in a shade below estimates.The company said sales of commercial vehicles were yet to revive post demonetisation.

News Source:- http://www.financialexpress.com/industry/tata-motors-q4-net-falls-17-to-rs-4295-9-crore/682790/