Prøve GULL - Gratis
Tata Motors' consolidated profits fell 11 per cent in July-September
The Sunday Guardian
|November 10, 2024
A utomobile giant Tata Motors reported a consolidated net profit decline of 11.18 per cent to Rs 3,343 crore for the July-September 2024 quarter, according to the company's financial report released on Friday.
-
The company's revenue dropped by 3.5 per cent year-on-year to Rs 1,01,450 crore, while EBITDA stood at Rs 11,736 crore.
The EBITDA margin was recorded at 11.6 per cent, down by 230 basis points for the second quarter.
The revenue decline of 3.5 per cent reflects a challenging second quarter for 2024.
"Growth in the quarter was impacted due to significant external challenges, as highlighted earlier. Overall, the business fundamentals remain strong, and we remain focused on our agenda of driving growth, competitiveness, and free cash flows. As supply challenges ease and demand picks up, we are confident of steady improvement in our performance and delivering a strong H2," said PB Balaji, Group Chief Financial Officer, Tata Motors.
Denne historien er fra November 10, 2024-utgaven av The Sunday Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Sunday Guardian
The Sunday Guardian
Chest infections see rise due to lesser-known bacteria
In many parts of north India, cases of persistent coughs, whooping-type symptoms and chest infections have long been attributed to the usual culprit: whooping cough caused by Bordetella pertussis. But a new study from PGIMER, Chandigarh, suggests a dramatic change in the microbial landscape.
1 mins
November 02, 2025
The Sunday Guardian
SIT will submit chargesheet by December 17: Assam CM
Over Assam’s iconic singer Zubeen Garg’s death case, Assam Chief Minister Himanta Biswa Sarma on Friday said that, the SIT will submit the chargesheet before the court by December 17 this year.
1 min
November 02, 2025
The Sunday Guardian
TRUMP LOSES TO XI, FOR NOW
After the Trump-Xi meeting in South Korea to work out a trade deal, the only smiling face besides Trump in the row of senior officials flanking the US President was that of the individual who enriched himself with more than a little help from CCP-controlled financial outlets.
3 mins
November 02, 2025
The Sunday Guardian
MOTOR HIGHLIGHTS GREEN HYDROGEN
Seoul: South Korea's auto giant Hyundai Motor Group will aim to secure a technological edge in the field of green hydrogen, as hydrogen is emerging as a central pillar in the global energy transition, as per a report by Pulse, the English service of Maeil Business News Korea.
1 min
November 02, 2025
The Sunday Guardian
JBM AUTO'S GROWTH CONTINUES
Gurugram: JBM Auto Limited, India's leading automotive and electric vehicle company (BSE: 532605 & NSE Code: JBMA), today announced its consolidated results for the quarter ended 30th Sept 2025 and has shown 6.31% increase in net profit to Rs. 52.25 crore in Q2FY26 as compared to Rs. 49.15 crore in Q2FY25.
1 min
November 02, 2025
The Sunday Guardian
MoD Mini Ratna expands global footprint with Middle East partnership
New Delhi's maritime diplomacy gained new momentum at India Maritime Week (IMW) 2025 in Mumbai, where state-owned Hindustan Shipyard, a Mini Ratna Public Sector Undertaking (PSU) under the Ministry of Defence (MoD) signed several strategic agreements — including one with MCI World LLC of Dubai — to expand ship repair and refit services across the Middle East and North Africa (MENA).
1 mins
November 02, 2025
The Sunday Guardian
121 SEATS IN 18 DISTRICTS: HIGH-STAKES BATTLES TO MARK FIRST PHASE OF BIHAR ELECTIONS
With just a few days left for the first phase of the Bihar Assembly elections, political activity has reached fever pitch across the state.
3 mins
November 02, 2025
The Sunday Guardian
Turmoil in Bengal ahead of SIR rollout
Mamata to hit the streets with a mega rally.
3 mins
November 02, 2025
The Sunday Guardian
EC REMOVES THREE MOKAMA OFFICERS, SUSPENDS ONE
Taking a strict view of the violence that claimed the life of a local political worker in Bihar’s Mokama constituency, the Election Commission of India on Friday ordered the removal of three key administrative and police officers, disciplinary proceedings against them, and the suspension of one.
1 mins
November 02, 2025
The Sunday Guardian
Amazon carries Wall Street to the finish of another winning week
Amazon led the U.S. stock market on Friday to the finish of another winning week and month.
1 mins
November 02, 2025
Listen
Translate
Change font size