The transaction is in-line with Tata Motors’ stated objective of exiting non-core businesses and focus its capital spends on emerging technologies and products
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The company registered total sales of 76,766 units in May 2024
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For FY24, TML reported record revenues of ₹ 437.9K Cr, an all-time high EBITDA at ₹ 62.8K Cr, highest ever PBT (bei) of ₹28.9K Cr (+₹27.1K Cr over the previous year) and net profit of ₹31.8K Cr (+₹29.1K Cr over the previous year)
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