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Highlights of Tata Motors 4Q Result : Consolidated Profit Increase by 46% to Rs 17407.1 Crores

Tata Motors Total consolidated Operational Revenue Stands at Rs 1,19,986.31 crore Which was 1,05,932.35 crore last Year, Consolidated Profit Surged from 3X to Rs 17407.18 crore

India's Leading Automotive Industry Tata Motors has announced its Quarter 4th results, in which the Mumbai based company has increased its profit by 3 times as compared to last year. 


Highlights of the Results of 4th Quarter 2023-24 


Tata Motors is Known in the world for its Enhanced Operating Leverage, Reasonable Commodity Prices and Quality Services — and we can clearly see this in Tata Motors' increasing Revenue and Profit. According to the 4Q result of Tata Motors, the consolidated profit of Tata Motors for the year 2023-24 is Rs 17407.18 crore, which is almost 45.6% increase as compared to the previous year. Last Year Consolidated Profit of Tata Motors Stood at Rs 12,033 crore.  Tata Motors'  Profit After Tax for the same period last year was Rs 5407.79 crore.

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13% Surge in Operational Revenue .

Apart from this, there was also an Elevated Increment of 13% in the Operational Revenue of the Company Compared to the previous year of this Same Quarter. Tata Motors' Operational Revenue of this quarter last year was Rs 105,932.35 crore, which has now increased by 13% to Rs 119,986.31 crore.

11.5% YOY Surge in Total Wholesale Rate 

Tata Motors gave this statement in the last month 2024 April that the total wholesale rate of Tata Motors this year increased by 11.5% year on year.. Last year the company had 69,599 units in April 2023 which increased to 77,521 units after a year in 2024 April. 

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Tata Motors Warned for Weaker Demand for Domestic Product

Tata Motors expects the domestic demand to remain low in the first quarter of 2024-25, but despite of this low domestic demand, the company said that we are "confident of delivering a strong performance".

"We remain cautiously optimistic on domestic demand over the full year and expect H1 to be relatively weaker. The premium luxury segment demand is likely to remain resilient despite emerging concerns on overall demand. Despite this, we are confident of delivering a strong performance in FY25," it said.

"Highest ever Revenues, Profits and Free Cash Flow..." 

The Group Chief Financial Officer of Tata Motors PB Balaji In their  Statement said that, "It is pleasing to report the FY24 results during which Tata Motors Group delivered its highest ever revenues, profits, and free cash flows. The India business is now debt free, and we are on track to become net automotive debt free on a consolidated basis in FY25. The businesses are executing well on their distinct strategies and therefore, we are confident of sustaining this strong performance in the coming years.”

Revealing the Significant Figures 


A Twitter post by Autocar Professionals revealed the important Q4 figures of Tata Motors. Mentioned that, "Tata Motors FY24 operating profit, and revenue at all-time high | Revenue at Rs 438 K crore Vs Rs 346 K crore | EBITDA at Rs 62.8 K crore vs Rs 37.0 K crore | PAT at 31.4 K crore Vs Rs 2.4 K crore."  

Tata Motor' Significant Unit Jaguar Land Rover 

Tata Motor's Significant Unit Jaguar Land Rover in Its Statement Said that "PBT in Q4 was rs 69.16 Billion (rs 30.65 Billion YoY) and EBIT margin was 9.2 per cent in Q4, (up 270 bps YoY). The higher profitability YoY reflects increased volumes and reduced material costs, offset partially by increased marketing spend compared to a year ago. Profit after tax in Q4 was rs 146 Billion vs a profit of rs 26.7 Billion in the same quarter a year ago. PBT for FY24 was rs 230 Billion Crore – the highest since FY15; and PAT for FY24 was rs 2,72,04 Crore. PAT also factors in the recognition of a deferred tax asset (DTA) of rs 104.6 billion due to a reassessment of future recoverability tax losses and allowances,"

"Great Strategic Progress at JLR.." 

Executive Officer of Jaguar Land Rover, Adrain Madell said in its Statement that, “This has been a year of great strategic progress at JLR and I would like to thank our clients, our people, our suppliers and partners for their role in our success. We have delivered a record financial performance for the company, generating free cashflow of rs 240.65 billion, enabling us to reduce rs net debt to 73.2 Billion" 

Executive Officer Mardell Further Added..

"The foundation of this performance was the sustained global demand for our modern luxury vehicles, led by our Range Rover and Defender brands, underpinned by a consistent focus on operational improvement. We are entering the next exciting phase of our Reimagine strategy which will see us bring to life our modern luxury electric vehicles and deliver an accompanying modern luxury experience for our clients, ensuring we continue to vigorously address the challenges we have encountered in 2024,” Mardell Mentioned in the Statement. 


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