Tata Motors reports 36% dip in Feb sales

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Tata Motors reports 36% dip in Feb sales
Auto major, Tata Motors reported a 35.56 per cent decline in total vehicle sales to 39,951 units in February 2014 over February 2013.Tata Motors' domestic passenger vehicle sales rose 6.71 per cent to 11,325 units in February 2014 over February 2013, the company said in a filing to the Bombay Stock Exchange.

The company's sales of commercial vehicles fell 49.38 per cent to 23990 units in February 2014 over February 2013.  Meanwhile, exports rose 16.02 per cent to 4,636 units in February 2014 over February 2013, added the filing.

On a consolidated basis, Tata Motors' net profit surged 195.23 per cent to Rs 4804.80 crore on 38.37 per cent increase in total income to Rs 64034.30 crore in Q3 December 2013 over Q3 December 2012.

Dion Global Solutions Ltd.

Story first published: Tuesday, March 4, 2014, 12:54 [IST]
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