Tata Motors reported a consolidated net profit of Rs 17,483 crore (adjusted for exceptional gains and losses) for Q4FY24, surpassing TCS consolidated net earnings of Rs 12,434 crore.
For the automotive major, this marked a 213.7 per cent year-on-year increase in the bottom line, from Rs 5,573.8 crore a year ago.
In contrast, India s biggest IT firm saw a more modest Y-o-Y growth of 9.1 per cent in net profit, from Rs 11,392 crore.
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Nifty Q4 earnings: Top FY25 upgrades included Coal India (15 per cent), Axis Bank (3.8 per cent), Maruti Suzuki India (2 per cent), Bajaj Auto (1.3 per cent), and HDFC Bank (1.2 per cent).
Based on the consensus of five brokerage analysts, Adani Ports Q4 net sales may increase 21 percent on year to Rs 7,046 crore, while net profit may fall 9.3 percent on year to Rs 2,207 crore