Tata Motors reported consolidated revenues (net of excise) of Rs67,576 crore for the quarter ended March 31, 2015, a growth of 3.5 per cent over Rs65,317 crore for the corresponding quarter last year, due to increase in wholesale volumes and richer product mix both in the standalone business and Jaguar Land Rover (JLR).

The consolidated profit before tax for the quarter stood at Rs2,771 crore, against Rs5,053 crore for the corresponding quarter last year, decreased due to higher depreciation and amortisation and adverse mark to market of un-matured hedges not eligible for hedge accounting. The consolidated profit after tax (post minority interest and profit / loss in respect of associate companies) for the quarter stood at Rs1,717 crore, against Rs3,918 crore for the corresponding quarter last year.

The consolidated revenue (net of excise) for the year ended March 31, 2015, was Rs2,62,796 crore posting a growth of 12.9percent over Rs2,32,834 crore for the corresponding period last year.

The consolidated profit before tax for the year ended March 31, 2015 stood at Rs21,703 crore, against Rs18,869 crore for the corresponding period last year. The consolidated profit after tax (post minority interest and profit / loss in respect of associate companies) for the year ended March 31, 2015 stood at Rs13,986 crore, against Rs13,991 crore for the corresponding period last year.

Tata Motors standalone financial results for the quarter and year ended March 31, 2015

In the MHICV segment, improved freight availability and improved profitability of truck operators, fleet replacement demand mainly in the high tonnage segment, supported the company sales growth in this segment of 26.4 percent Y-o-Y in Q4 FY2014-15.

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