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via livemint.comBusiness & Companies

Tata Motors returns to profit with ₹1,254 crore in Q2 as CV sales rise 42%

FROM THE WIRE · LIVEMINT.COM

Girish Wagh, managing director and chief executive of Tata Motors, said sales growth is expected to moderate as the impact of a higher base kicks in, but the company expects the domestic commercial vehicle industry to post double-digit growth for the full year

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishReturn to profit and commercial vehicle sales growth are relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Tata Motors returned to profit with ₹1,254 crore in Q2.
  2. 02Commercial vehicle sales rose 42%.
  3. 03CEO Girish Wagh expects sales growth to moderate but double-digit industry growth for the full year.

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