Technology And Gadgets

After Maruti, Tata's Commercial Vehicles will also also become expensive | Tata's commercial vehicles will also be expensive after Maruti: Companies announced to increase the price by 2%, due to increase in manufacturing cost

Mumbai53 minutes ago

  • Copy link

After Maruti Suzuki, Tata Motors has announced to increase the price of its vehicles on Monday (March 17). The new prices will be applicable from 1 April 2025. The company has given this information in the exchange filing.

Tata Motors said that this decision has been taken due to an increase in input cost and logistics. The company says that the increase in prices will be applicable to the range of all commercial vehicles and the increase will vary according to different models and variants.

Maruti Suzuki's vehicles will be 4% expensive Earlier, Maruti Suzuki also announced an increase in the prices of its vehicles from April-2025. The company has announced an increase in the price of its cars by up to 4% from April-2025. This increase will vary on all models of the company. Maruti has taken this decision due to the increase in the Raw Material and Operational Cost.

Tata Motors shares rose by 0.70% Tata Motors shares closed at Rs 660.10 on Monday (March 17) at Rs 660.10. The company's stock dropped 3.27% in a month and fell 31% in 6 months. The company's stock has fallen 32% in a year. The market cap of Tata Motors is Rs 2.43 lakh crore.

Tata sales decreased by 8% in February In February, Tata Motors' domestic and international sales declined by 8% to 79,344 units on an annual basis. The company sold 86,406 vehicles in the same month last year. The total domestic sales declined 9% to 77,232 units in February. A year ago, this figure was 84,834 units in the same period.

The total passenger vehicle, including electric vehicles, declined 9% to 46,811 units compared to 51,321 units of one year before the total passenger vehicle. Tata Motors' commercial vehicle sales in February declined 7% to 32,533 units on an annual basis.

Tata Motors' profit decreased by 22% in the third quarter Tata Motors has received a net profit of Rs 5,451 crore in the third quarter of FY 2024-25. It has decreased by 22% on an annual basis. The company's profit in the same quarter of a year ago was Rs 7,025 crore.

The company's revenue was Rs 11.36 lakh crore due to the operation in the October-December quarter. In the same quarter of a year ago, Tata Motors generated a revenue of Rs 11.06 lakh crore. It has increased 2.71% on an annual basis. The amount received from selling goods and services is called revenue or revenue.

Tata Motors total income increased by 3% Tata Motors's total income increased by 3% to Rs 11.54 lakh crore in the October-December quarter. The company's total income was Rs 11.21 lakh crore in the second quarter of FY 2023-24.

There are more news …

Source link

Him-Bu

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Latest Updates and big deals