Tata Motor Logo

Results for Quarter Ending 31st December 2006 Press kit

Download press kit

Subscribe to Email Alerts

Captcha
Change Captcha

January 23, 2007

Tata Motors Revenue Growth of 37% at Rs.6957 Crores
Operating Profit Up By 53% at Rs.952 Crores
Net Profit Growth of 12% at Rs.513 Crores
for the 3rd Quarter

3rd Quarter

Tata Motors revenue for the quarter ended December 31, 2006, on a stand-alone basis (net of excise) was Rs.6,956.84 crores an increase of 37% compared to Rs.5,074.86 crores in the corresponding quarter of 2005-06. Profit before Tax (PBT) was Rs.708.74 crores, an increase of 20% over Rs.591.77 crores in the previous year quarter. The PBT in the corresponding quarter of last year included a gain of Rs.164.30 crores on account of sale of shares of Telco Construction Equipment Company Limited, a subsidiary of the company. Net Profit was Rs.513.17 crores, an increase of 12% over Rs.460.23 crores for the corresponding period.

The consolidated revenue (net of excise) was Rs.8,176.03 crores for the quarter ended December 31, 2006, an increase of 37%, compared to Rs.5,969.78 crores in the corresponding quarter of the previous year. The consolidated Profit after Tax (PAT) for the current year quarter is Rs.602.07 crores, an increase of 9%, compared to Rs.550.67 crores for the corresponding quarter for the previous year.

The vehicle sales volume for the quarter was 1,41,827 units, compared to 1,11,228 units during the corresponding quarter last year, an increase of 28%.

Nine Months, ended December 31, 2006

The company’s revenue (net of excise) on a stand-alone basis was Rs.19,250.70 crores in the first nine months of 2006-07, an increase of 40% against Rs.13,755.58 crores in the corresponding period last year. PBT at Rs.1,793.38 crores, witnessed growth of 28% over Rs.1405.77 crores in the previous year period. The Net Profit was Rs.1,336.74 crores, an increase of 25% over Rs.1070.77 crores for the previous year period.

Consolidated revenue (net of excise) in the first nine months of 2006-07 at Rs.22,649.63 crores recorded an increase of 43% against Rs.15,876.23 crores in the corresponding period last year. The consolidated PAT at Rs.1,520.18 crores compared to Rs.1,205.49 crores, recorded a growth of 26%.

The vehicle sales volume in the first nine months at 4,07,925 units grew by 33% compared to 3,05,786 units in the previous year period. Exports amounted to 38,834 vehicles during the period, a growth of 11% compared to 34,849 vehicles during the previous year period.

During the first nine months, Tata Motors launched a new Tata Safari range, a face-lifted Indigo Sedan & Indigo Marina range of vehicles and a new 1.2 litre engine option on the Indica V2 Xeta range, which have met with an enthusiastic response. Tata Ace, the new mini-truck, continues to post strong growth with its gradual extension across the country as well as with its launch in Sri Lanka. In passenger vehicles exports, Tata Motors entered Ghana with its complete portfolio.

At the end of the first nine months, Tata Motors’ market share in commercial vehicles is 64.7 % compared to 60.2 % in the previous year period, and in passenger vehicles the market share is 16.1 % compared to 15.8 % in the previous year period.

The audited financial results for the quarter and nine months, ended December 31, 2006, are enclosed.

Consolidated results for Q3 FY ’07

Standalone results for Q3 FY ’07

Distributorship Enquiry Form

Captcha
Refresh Icon

List Your Country Enquiry Form

Captcha
Refresh Icon