Tata Motors reports robust Q1FY24 performance highlights: Revenues surge by 42%, driven by JLR and CV businesses

[Bilgin]

Tata Motors reports robust Q1FY24 performance highlights: Revenues surge by 42%, driven by JLR and CV businesses Tata Motors reported strong Q1FY24 performance with revenues of ₹102.2K Crores, a 42% YoY increase. EBITDA rose 177% YoY to ₹14.7K Crores, driven by the Jaguar Land Rover and Commercial Vehicle businesses. Despite challenges in the commercial vehicles industry, revenues improved by 4.4 per cent.