'For quarter ending June 2024, standalone Net sales (including other operating income) of Tata Motors has increased 6.50% to Rs 16,862.00 crore compared to quarter ended June 2023. Operating profit margin has jumped from 8.08% to 11.30%, leading to 48.94% rise in operating profit to Rs 1,905.00 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 63.52% to 58.08%. Purchase of finished goods cost rose from 10.97% to 11.54%. Employee cost increased from 6.18% to 6.59%. Other expenses rose from 11.92% to 12.88%. Other direct service cost fell from 1.31% to 1.29%. Preoperation capitalised expenses rose from 1.51% to 1.59%.
Other income up 565.22% to Rs 1989 crore. PBIDT rose 146.77% to Rs 3894 crore. Provision for interest fell 16.50% to Rs 344 crore.
PBDT rose 204.46% to Rs 3550 crore. Provision for deprecia...
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