India, May 5 -- Audi AG (AUDVF.PK) Monday reported profit before tax of 802 million euros for the first quarter, lower than 981 million euros in the same quarter a year ago.
Profit after tax declined to 630 million euros from 736 million euros last year.
Operating profit, however, increased to 537 million euros from 466 million euros last year.
Revenue for the quarter grew 12.4% to 15.431 billion euros from 13.725 billion euros in the previous year, mainly driven by higher sales of electric models.
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Deliveries to customers of the Audi Group decreased 3.3% to 388.756 cars, primarily affected by model changeovers and launches. However, Fully electric vehi...