Net profit of Tata Motors Finance Solutions declined 90.95% to Rs 11.27 crore in the quarter ended March 2023 as against Rs 124.57 crore during the previous quarter ended March 2022. Sales rose 28.20% to Rs 355.69 crore in the quarter ended March 2023 as against Rs 277.45 crore during the previous quarter ended March 2022.
For the full year,net profit declined 60.22% to Rs 76.35 crore in the year ended March 2023 as against Rs 191.94 crore during the previous year ended March 2022. Sales rose 27.19% to Rs 1323.78 crore in the year ended March 2023 as against Rs 1040.78 crore during the previous year ended March 2022.
Particulars | Quarter Ended | Year Ended |
| Mar. 2023 | Mar. 2022 | % Var. | Mar. 2023 | Mar. 2022 | % Var. |
Sales | 355.69 | 277.45 | 28 | 1323.78 | 1040.78 | 27 |
OPM % | 51.97 | 106.21 | - | 57.61 | 70.28 | - |
PBDT | 14.80 | 163.06 | -91 | 103.08 | 240.18 | -57 |
PBT | 14.59 | 162.73 | -91 | 102.17 | 238.79 | -57 |
NP | 11.27 | 124.57 | -91 | 76.35 | 191.94 | -60 |