Tata Motors Finance Solutions standalone net profit rises 95.77% in the March 2022 quarter

29 Apr 2022 , 03:06 PM

Net profit of Tata Motors Finance Solutions rose 95.77% to Rs 124.57 crore in the quarter ended March 2022 as against Rs 63.63 crore during the previous quarter ended March 2021. Sales rose 19.21% to Rs 276.33 crore in the quarter ended March 2022 as against Rs 231.80 crore during the previous quarter ended March 2021.

For the full year,net profit declined 1.02% to Rs 191.94 crore in the year ended March 2022 as against Rs 193.91 crore during the previous year ended March 2021. Sales rose 26.52% to Rs 1040.78 crore in the year ended March 2022 as against Rs 822.64 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	276.33	231.80	19	1040.78	822.64	27
OPM %	106.64	70.44	–	70.28	73.05	–
PBDT	163.06	50.14	225	240.18	181.69	32
PBT	162.73	49.76	227	238.79	180.05	33
NP	124.57	63.63	96	191.94	193.91	-1

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