Tata Motors Q2 Results: Consolidated revenue from operations increased 32% year-on-year (YoY) to Rs 1.05 lakh crore, tad lower than the estimated Rs 1.07 lakh crore. Strong profitable growth across auto verticals drove the topline in the quarter, while robust wholesale sales and improved mix aided the expansion in margins, the company said.
Tata Motors Q1 consolidated revenue from operations increased 42% on year to Rs 1.02 lakh crore. This figure too, was higher than expectations of Rs 99,887 crore. Consolidated operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), surged more than fivefold on year to Rs 13,218 crore.