Tata Motor Q4 Outlook: In January 2024, Tata Motors sold 86,125 vehicles globally, up from 81,069 units in the same month last year. Domestically, the company saw a 6% spike, reaching 84,276 units compared to 79,681 in January 2023. Jaguar Land Rover (JLR), Tata Motors UK subsidiary, shone in the third quarter to December 31, 2023, with a 27% Y-o-Y increase in vehicle sales, hitting 101,043 units—the highest in 11 quarters.
Tata Group firm Tata Motors Ltd reported a net profit of Rs 3,764 crore for the quarter ended September 2023 against a loss of Rs 944.61 crore in the September 2022 quarter. Tata Motors revenue rose 32% to Rs 1.04 lakh crore in Q2 against Rs 78,846 crore in the corresponding period of the preceding fiscal.
Tata Motors share price today: Tata Motors stock was trading 0.69 per cent lower at Rs 447.10 against the previous close of Rs 450.20. Market cap of the firm stood at Rs 1.48 lakh crore on BSE.