business 📈 Tata Motors profit jumps 83% in Q1 results
Tata Motors Commercial Vehicles reported a consolidated net profit of ₹2,560 crore for the June quarter, which was an 83.24% year-on-year increase. This performance was recorded by the company in the June quarter, with operations based in India. The net profit rose from ₹1,397 crore last year, while revenue hit ₹20,576 crore, up nearly 20%. The company is confident in navigating market challenges through operational efficiencies and pricing discipline. Furthermore, final regulatory approvals for Iveco are expected by the end of August 2026.