Tata Motors’ Q2FY23 Quarter Results
Tata Motors’ revenues grew 30% YoY
- 09 Nov 2022
- Tata Motors reported 11% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended September (Q2FY23). On a year-on-year (YoY) basis, it witnessed a growth of 30%.
- Its expenses for the quarter were up by 6% QoQ and 25% YoY.
- The company reported a net loss of Rs 898 crores in Q2FY23 as against a net loss of Rs 4,416 crores in Q2FY22.
Tata Motors’s Financial Statements for Q2FY23:
| (Rs, crores) | Q2FY22 | Q1FY23 | Q2FY23 | QoQ (%)) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 62,246 | 72,822 | 80,650 | 11% | 30% |
Total Expenses | 65,713 | 77,784 | 82,424 | 6% | 25% |
Profit before tax | -3,472 | -3,468 | -1,461 | - | - |
Tax | 1,005 | 1,519 | -457 | - | - |
Profit after tax | -4,416 | -4,951 | -4,951 | - | - |
Earnings per share | - | - | - |
Data Source: BSE, Company announcements
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