New Delhi, Jan. 30 -- Tata Motors declared their Q3 results on 29 Jan, 2025, showing a topline increase of 2.71% year-over-year. Despite this revenue growth, the company's profit took a significant hit, declining by 22.41% year-over-year to Rs.5451 crore. The total revenue for the quarter stood at Rs.113575 crore.
In comparison to the previous quarter, Tata Motors experienced a notable revenue growth of 11.95% along with a profit surge of 63.06%. This indicates a positive short-term trend despite the annual downturn.
The company's Selling, General & Administrative expenses rose by 2.5% quarter-on-quarter and increased by 8.19% year-over-year, reflecting higher operational costs that may have impacted overall profitability.
The operatin...
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