In the most recent financial quarter, Tata Motors Ltd posted a net profit of Rs 3,764 crore, a significant upturn from the loss of Rs 944.61 crore in the same period last year. The company experienced a noteworthy revenue surge of 32% to Rs 1.04 lakh crore compared to Rs 78,846 crore in the preceding fiscal year’s equivalent period. The operating margin escalated to 13.19% from 7.67% in the September 2022 quarter.
Earnings per share also saw a considerable positive shift, reaching Rs 9.81 from the earlier negative Rs 2.47. Furthermore, the debt-to-equity ratio notably decreased to 2.23 from 5.21 in the September 2022 quarter.
| Metric | Q2 FY23-24 | Q2 FY22-23 |
|---|---|---|
| Net Profit | Rs 3,764 crore | Loss of Rs 944.61 crore |
| Revenue | Rs 1.04 lakh crore | Rs 78,846 crore |
| Operating Margin | 13.19% | 7.67% |
| Earnings per Share (EPS) | Rs 9.81 | – 2.47 |
| Debt-to-Equity Ratio | 2.23 | 5.21 |
