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Tata Motors Finance Solutions standalone net profit declines 47.76% in the December 2022 quarter

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Capital Market

Sales rise 27.70% to Rs 347.25 crore

Net profit of Tata Motors Finance Solutions declined 47.76% to Rs 30.68 crore in the quarter ended December 2022 as against Rs 58.73 crore during the previous quarter ended December 2021. Sales rose 27.70% to Rs 347.25 crore in the quarter ended December 2022 as against Rs 271.93 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales347.25271.93 28 OPM %61.6067.80 -PBDT39.9064.86 -38 PBT39.6764.51 -39 NP30.6858.73 -48

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First Published: Jan 23 2023 | 7:32 AM IST

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