Tata Motors sees 21.2% drop in net profit in FY 2015-16  [ India ] [ UK ]

Tata Motors announced on May 30 that its consolidated profit after tax in FY 2015-16 fell 21.2% to INR 110.2 billion versus INR 139.9 billion in FY 2014-15. Total consolidated revenue increased 4.7% to INR 2,755.6 billion versus INR 2,631.6 billion in the corresponding period last year. Tata's standalone revenue in FY 2015-16 increased by 16.7% to INR 423.7 billion versus INR 363 ...
<Jun 02, 2016>