Tata Motors drops after total sales slumps over 8% to 79,344 units in Feb'25
Tata Motors declined 1.88% to Rs 608.90 after the company's total sales tumbled 8.17% to 79,344 units in February 2025 as compared with 86,406 units in February 2024.
Domestic sales fell 9% to 77,232 units in February 2025 as against 84,834 units sold in February 2024.Total commercial vehicle sales declined 7% to 32,533 units in February 2025 from 35,085 units reported in the same period last year.
Domestic sales of medium and heavy intermediate commercial vehicles (MH & ICV) in February 2025 stood at 15,940 units, down 1.77% as compared with 16,227 units in February 2024.
Total MH&ICV sales for domestic & international business in February 2025 stood at 16,693 units, up 0.81% compared to 16,663 units in February 2024.
Total passenger vehicle (including EV) sales fell 1% to 46,811 units in February 2025 as compared with 51,321 units sold in February 2024.
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Tata Motors, part of the Tata Group, is a global automobile manufacturer of cars, utility vehicles, pickups, trucks, and buses.
The company's consolidated net profit declined 22.41% to Rs 5,451 crore despite of 2.71% rise in revenue from operations to Rs 113,575 crore in Q3 FY25 over Q3 FY24.
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First Published: Mar 03 2025 | 10:13 AM IST