Tata Motors Posts Net Revenues of Rs 72,256 crores for FY16 Q3
Mumbai, 11th February 2016: India's largest automobile manufacturers today declared its consolidated financial results for the Quarter and Nine months ended December 31, 2015. The company reported consolidated revenues (net of excise) of INR 72,256 crores for Q3 FY16 as against INR 70,212 crores reported in corresponding quarter last year.
These results are mainly due to the strong sales of Jaguar Land Rover in UK, Europe and North America and other overseas market which helped in partially offsetting the lower sales in China and secondly, due to continued robust volume growth in the M&HCV segment.
Tata Motors reported consolidated profit before tax of INR 4,176 crores this quarter as against INR 5,732 crores for the same quarter last year.
Summary
Consolidated Results for Quarter ended December, 2015
Net Revenues INR 72,256 crores
Profit Before Tax INR 4,176 crores
Profit After Tax INR 3,508 crores
Results for Nine months ended December 31, 2015
Net Revenues INR 1,94,877 crores
Profit Before Tax INR 7,420 crores
Profit After Tax INR 5,847 crores
Brand Wise Financial Summary - Results for Quarter ended December, 2015
Tata Motors Standalone
Net Revenues INR 10,001 crores
Profit Before Tax INR (203) crores
Profit After Tax INR (201) crores
Jaguar Land Rover
Net Revenues GBP 5,781 mn
Profit Before Tax GBP 499 mn
Profit After Tax GBP 440 mn
Tata Daewoo
Net Revenues KRW 226 bn
Profit After Tax KRW 12.3 bn
Tata Motors Finance
Net Revenues INR 721 crores
Profit After Tax INR 33 crores
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