The consolidated revenue rose 10.34 per cent to Rs. 70,156 crore as against Rs 63,577 crore a year ago.
“After a challenging first quarter, Tata Motors has demonstrated impressive results with month-on-month growth in sales and market share, enabled by a slew of new product launches and customer centric initiatives,” Guenter Butschek, MD and CEO Tata Motors said.
The Company said in a release that passenger vehicles grew 14.4 per cent over the same period last fiscal.The sales (including exports) of commercial and passenger vehicles stood at 1,52,979 units, a growth of 13.8 per cent. Medium and heavy commercial vehicle segment grew by 28 per cent, while ILCV surged 35 per cent and small commercial vehicle volumes rose 38 per cent.
The firm also said strong customer demand for Range Rover Velar and other new models led to higher sales and higher profitability. Jaguar Land Rover, which contributed 78 per cent to total revenue, said revenue in September quarter grew by 11.5 per cent to 6.3 billion pound compared with year-ago period.
UNI
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