Tata Motors Q1 Net Profit Jumps 74% to Rs 5,566 Crore

Pune: Tata Motors on Thursday said its Q1 FY25 consolidated net profit jumped 74 per cent on-year to Rs.5,566 crore from Rs.3,203 crore, beating street expectations.

The Mumbai-based automaker said its April-June revenue from operations rose 5.7 per cent to Rs.1,07,316 crore, from Rs.1,01,528 crore a year ago.

Tata Motors’ consolidated EBITDA increased 19 per cent on-year to Rs.15,785 crore, while operating margin expanded to 14.6 per cent from 12.9 per cent in the year-ago period.

JLR revenue grew by 5.4 per cent during April-June to GBP 7.3 billion.

In the domestic market, commercial vehicle revenues grew 5.1 per cent on-year to Rs.17,800 crore.

PB Balaji, group CFO at Tata Motors said the first quarter has carried forward the momentum of last year with all businesses continuing to deliver on their distinctive strategies.