Tata Motors’ CV Business Swings to Profit in Q2
Tata Motors’ commercial vehicle business reported standalone net profit for the September quarter, supported by strong truck and bus demand despite pressure on margins from rising commodity costs.
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Tata Motors’ commercial vehicle business reported standalone net profit for the September quarter, supported by strong truck and bus demand despite pressure on margins from rising commodity costs.
Tata Motors’ demerged commercial vehicles business reported standalone net profit of ₹2,138 crore for the September quarter, versus a loss of ₹1,021 crore a year earlier. Revenue rose 41.9% to ₹23,930 crore.