Tata Motors Reports Q3FY25 Net Profit of ₹5,451 Cr

Tata Motors Ltd has reported Q3FY25 profit at Rs 5,451 crore, which is a drop of 22.41 per cent compared to Rs 7,025 crore during the corresponding period of FY24, according to a company statement issued here on Wednesday.

- STATESMAN NEWS SERVICE

The company posted revenue from operations at Rs 113,575 crore, which is an increase of 2.71 per cent as against Rs 110,577 crore during the third quarter of the previous financial year. The company's earnings before interest, taxes, depreciation and amortization (EBITDA) stood at Rs 13,081 crore, according to the statement.

However, Jaguar Land Rover, which was acquired by Tata Motors, delivered a robust performance in Q3FY25 with record quarterly revenue, which is the highest EBIT margin in a decade and a ninth successive profitable quarter. However, commercial vehicle revenues declined on account of lower volumes, though EBITDA margins improved to 12.4 per cent, which is an increase of 130 basis points, primarily reflecting material cost savings and the impact of Production Linked Initiative (PLI), according to the statement.