Tata Motors’ Q2FY25 Results
Tata Motors’ revenue decreased 4% YoY
- 13 Nov 2024
- Tata Motors reported a 6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4%.
- Its expenses for the quarter were down by 4% QoQ and 3% YoY.
- The net profit decreased 39% QoQ and 10% YoY.
- The earnings per share (EPS) of Tata Motors stood at 9.7 during Q2FY25.
Tata Motors’ Financial Statements for Q2FY25:
| (₹ crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 106,759 | 109,623 | 103,016 | -6% | -4% |
Total expenses | 100,649 | 100,925 | 97,330 | -4% | -3% |
Profit before tax | 6,035 | 8,870 | 5,767 | -35% | -4% |
Tax | 2,203 | 3,178 | 2,317 | -27% | 5% |
Profit after tax | 3,832 | 5,692 | 3,450 | -39% | -10% |
Earnings per share | 9.8 | 14.5 | 9.7 |
Financials:
- Tata Motors' Q2 FY25 consolidated revenue fell 3.5% to ₹101.5K crore, with EBITDA at ₹11.6K crore and PBT (bei) at ₹5.8K crore.
- Automotive free cash flows were negative at ₹2.9K crore.
- JLR revenue declined 5.6% to £6.5 billion with EBITDA at 11.7% and EBIT at 5.1%.
- Tata CV revenue dropped 13.9% to ₹17.3K crore, with EBITDA at 10.8% and EBIT at 7.8%.
- Tata PV revenue decreased 3.9% to ₹11.7K crore, with EBITDA at 6.2% and EBIT at 0.1%.
Management Commentary:
PB Balaji, Group CFO, Tata Motors:
- Growth was impacted due to significant external challenges.
- Business fundamentals remain strong, with a focus on growth, competitiveness, and free cash flows.
- Confidence in performance improves as supply challenges ease and demand increases.
- We are expecting strong results in the second half (H2) of the year.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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