iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Tata Motors Zooms 7% After Smashing Q3 Earnings

5 Feb 2024 , 02:39 PM

Tata Motors witnessed a remarkable surge of 7% in early trade on February 5, following the release of robust Q3 financial results that surpassed Street estimates. The stock, which has seen an impressive 99% acceleration in the last year, was trading at ₹942 at 9:30 am.

In a regulatory filing on February 2, after market hours, Tata Motors disclosed a substantial 137.5% year-on-year growth in consolidated profit, reaching ₹7,025 Crore for the quarter ending December 2023. The revenue from operations during the same period experienced a noteworthy 25% YoY increase, reaching ₹1,10,577 Crore. 

Additionally, the EBITDA for the quarter demonstrated a remarkable 59% growth, amounting to ₹15,333.3 Crore. The margin for the reporting period expanded by 300 basis points, reaching 13.9%.

Related Tags

  • Tata Motors
  • Tata Motors Q3
  • Tata Motors share price
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.