Its net profit jumped to ₹1,013 crore, mainly due to a low base in the year-ago period when the company had reported a ₹440.8crore profit. The company's production was hampered by Covid-related disruptions.
It sold a total of 467,931 vehicles during the quarter, with exports being the highest ever at 69,437 units. The automotive major has hiked prices 6x from January 2021 to June this year, while cutting back on discounts as demand rebounded from pandemic lows. The company's profit performance for Q1FY23 fell short of expectations.
هذه القصة مأخوذة من طبعة July 28, 2022 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 28, 2022 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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