Tata Motors Passenger Vehicles · NSE: TMPV · BSE: 500570

Q1 FY24 results · Apr–Jun 2023

Tata Motors Passenger Vehicles reported revenue from operations of ₹1,02,236.08 crore (up 42.1% from Q1 FY23) and net profit of ₹3,300.65 crore for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	1,02,236.08	71,934.66	+42.1%	1,05,932.35	−3.5%
Other income	1,360.54	887.36	+53.3%	1,576.93	−13.7%
Total income	1,03,596.62	72,822.02	+42.3%	1,07,509.28	−3.6%
Profit before share of associates & JVs and tax	4,652.71	(3,468.05)	Turned profit	4,784.14	−2.7%
Share of profit/(loss) of associates & JVs	210.95	36.04		91.25
Net profit for the period	3,300.65	(4,950.97)	Turned profit	5,496.04	−39.9%
Attributable to shareholders of the company	3,202.80	(5,006.60)	Turned profit	5,407.79	−40.8%
EPS, basic (₹)	8.35	(13.07)	Turned profit	14.11	−40.8%
Net margin (%)	3.2	-6.9		5.2

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q1 FY24	Q1 FY23	YoY	Q4 FY23	QoQ
Revenue from operations	15,832.57	14,874.44	+6.4%	20,142.13	−21.4%
Other income	299.08	210.77	+41.9%	241.93	+23.6%
Total income	16,131.65	15,085.21	+6.9%	20,384.06	−20.9%
Profit before tax	21.81	(139.68)	Turned profit	1,085.85	−98.0%
Net profit for the period	(64.04)	(181.03)	Loss narrowed	2,695.56	Turned loss
EPS, basic (₹)	(0.17)	(0.47)	Loss narrowed	7.03	Turned loss
Net margin (%)	-0.4	-1.2		13.4

Consolidated

Filed with BSE: 25 Jul 2023, 16:41 IST
Board meeting: 25 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 25 Jul 2023, 16:41 IST
Board meeting: 25 Jul 2023
Period: 01 Apr 2023 to 30 Jun 2023
Review status: Audited
Source: XBRL filing on BSE