Tata Motors reports Q1 FY18 results
- Consolidated Profit before tax for the quarter includes one- time gain of Rs.3,609 crores (437million) relating to the changes made to the Jaguar Land Rover pension plans; revenues (net of excise) of Rs.58,651 crores as against Rs.65,115 crores for the corresponding quarter last year (no comparable ests).
- Operating profit (EBITDA) of the Standalone business (including Joint Operations) for the quarter stood at Rs.3 crores. Loss before and after tax for the quarter ended June 30, 2017 was Rs.467 crores, against profit before and after tax of Rs.38 crores and Rs.26 crores, respectively, for the corresponding quarter last year.
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