Tata Motors Q2 Results: Tata Motors Passenger Vehicles (PV) on Friday posted a consolidated net profit of Rs 76,170 crore for the September quarter, propelled by an exceptional gain of Rs 82,616 crore from the disposal of discontinued operations. In comparison, the company had reported a PAT of Rs 3,446 crore in the same quarter last year.

Revenue from operations came in at Rs 71,714 crore, down 13% from Rs 82,841 crore a year earlier.

This marks Tata Motors PV’s first quarterly results after the demerger of its commercial vehicle business.

In its exchange filing, the company said:

“Having recorded the transfer of the assets and liabilities… the Demerged Company has made necessary adjustments for compliance with Ind AS, specifically Appendix A to Ind AS 10. A liability at the fair val

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