The company’s results exceeded analysts’ expectations. As per the average estimates of five brokerage firms, the company’s standalone net profit was expected to rise 45 per cent YoY to Rs 2,212.46 crore.
Tata Motors’ total vehicle sales across segment in the domestic & international market for Q3 stood at 234,981 vehicles, compared to 228,169 units during the year-ago period.
According to Shailesh Chandra, MD of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, diesel vehicles could come under pressure after the implementation of BS-VII