Sunday, May 20, 2007

Tata Motors Q4 net profit up at Rs 577 crore

Tata Motors has announced its Q4FY07 results. It posted Q4 standalone net profit of Rs 576.7 crore versus Rs 458.1 crore on YoY basis. Its standalone Q4 net sales was at Rs 8267 crore versus Rs 6,882.8 crore, YoY.

Its fourth quarter OPM was at 11.69% vs 12.9% on YoY basis.

According to CNBC-TV18 estimates, it was expected to post Q4 net profit of Rs 562.6 crore versus Rs 458.1 crore, up 22.85 on YoY basis. During the corresponding quarters, the company was expected to post net revenue of Rs 8224.6 crore versus Rs 6882.8 crore, up 19.5% YoY.

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