The company has reported a massive 56.2 percent drop in Q4FY15 consolidated net profit to Rs. 1,716 crore when compared with Rs. 3,918 crore in Q4FY14.
Tata Motors has tumbled over 6 percent in opening trades on the back of poor Q4 results.
According to a release issued by the company to the BSE, the company has reported a massive 56.2 percent drop in Q4FY15 consolidated net profit to Rs. 1,716 crore when compared with Rs. 3,918 crore in Q4FY14. Total income however was up 3.4 percent at Rs. 67,821 crore from Rs. 65,572 crore.
The stock so far has touched a low of Rs. 464, and is now down 6 percent at Rs. 467. The counter has seen trades of around 119,000 shares in the first few minutes on the BSE.
Meanwhile, the Sensex has slipped 148 points to 27,394.
According to a release issued by the company to the BSE, the company has reported a massive 56.2 percent drop in Q4FY15 consolidated net profit to Rs. 1,716 crore when compared with Rs. 3,918 crore in Q4FY14. Total income however was up 3.4 percent at Rs. 67,821 crore from Rs. 65,572 crore.
The stock so far has touched a low of Rs. 464, and is now down 6 percent at Rs. 467. The counter has seen trades of around 119,000 shares in the first few minutes on the BSE.
Meanwhile, the Sensex has slipped 148 points to 27,394.
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