Tata Motors' Consolidated Net Revenue grows to Rs.67,000 crores in Q2 FY 2016-17
Consolidated Profit before tax (before exceptional item) for the quarter was Rs.983 crores, against Rs.1,191 crores for the corresponding quarter last year.
Consolidated Profit after tax (post profit / loss in respect of joint ventures and associate companies) for the quarter was Rs.848 crores, against the Consolidated Loss after tax (post profit / loss in respect of joint ventures and associate companies) of Rs.1,740 crores for the corresponding quarter last year.After the exceptional items, the Consolidated Profit before tax for the quarter was Rs.999 crores, against Loss before tax of Rs.2,150 crores for the corresponding quarter last year (corresponding quarter of the last year included an exceptional items of Rs.2,493 crores on account of the vehicles damaged at Tianjin Port explosion in Jaguar Land Rover business).
For the half year ended September 30, 2016, the consolidated revenue was Rs.1,34,056 crores against Rs.1,24,157 crores for the corresponding period last year.
The Consolidated Profit before tax (before exceptional item) for the half year ended Sept 30, 2016 was Rs.3,049 crores against Rs.7,531 crores for the corresponding period last year.
Post the exceptional items, the Consolidated Profit before and after tax (post profit / loss in respect of associate companies) for the half year ended September 30, 2016 was Rs.3,551 crores and Rs.3,109 crores, respectively, as against Rs.4,824 crores and Rs.3,514 crores, respectively, for the corresponding period last year.
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