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18
MOTORINDIA
l
June 2012
Tata Motors
still
numero uno
in CV segment
Tata Motors consolidat-
ed revenue, net of excise,
for the year ended March
31, 2012 was Rs. 165,655
crores, posting a growth
of 35.6 per cent over Rs.
122,128 crores the previ-
ous year. The consolidated
profit for the year grew by
46 per cent to Rs. 13,517
crores from Rs. 9,274
crores.
The standalone revenues
(net of excise) for 2011-
12, at Rs. 54,307 crores
posted a growth of 15.3
per cent over Rs. 47,088
crores the previous year.
The standalone profit be-
fore tax for 2011-12 was
Rs. 1,341 crores (Rs. 2,197
crores) and profit after tax
Rs. 1,242 crores (Rs. 1,812 crores).
The standalone profit before tax
and profit after tax for the year were
impacted by exceptional items of
Rs. 585 crores (Rs. 147 crores in
2010-11) on account of exchange
loss (net), including revaluation of
foreign currency borrowings, de-
posits and loans arising from de-
preciation of the Indian rupee and
provision made for certain invest-
ments in the 100 per cent subsidiary,
Tata Hispano Motors Carrocera SA,
Spain, arising from continuous un-
derperformance in challenging mar-
ket conditions.
Tata Motors’ sales, including ex-
ports, of commercial and passen-
ger vehicles for 2011-12 stood at
926,353 units, representing a growth
of 10.7 per cent as compared to the
previous year.
In the domestic market,
the company’s commercial
vehicles sales for the quar-
ter ended March 31, 2012,
stood at 155,672 units, an
increase of 16.2 per cent
over the corresponding pe-
riod last year.
Passenger vehicles, in-
cluding Fiat and Jaguar
and Land Rover vehicles
distributed in India, grew
by 18.1 per cent to 112,470
units in the domestic mar-
ket for the quarter ended
March 31, 2012, as com-
pared to the correspond-
ing period last year. Sales
for 2011-12 grew by four
per cent to 333,044 units,
as compared to the corre-
sponding period last year.
Focused marketing initiatives and
network actions have positively in-
fluenced sales. The market share
in passenger vehicles stood at 13.1
per cent for 2011-12 largely driven
by sales in the recent quarters. The
market share in passenger vehicles
for the fourth quarter stood at 14.2
per cent.
Jaguar Land Rover sales for the
quarter ended March 31, 2012, grew
48.2 per cent to 98,021 units. Of
this, the Jaguar volumes for the pe-
riod stood at 14,118 units and Land
Rover volumes stood at 83,903
units.
Mr. P.M. Telang
Managing Director - India Operations, Tata Motors
vehicle zone
Commercial vehicle sales dur-
ing 2011-12 increased by 15.7
per cent to 530,204 units as
compared to the corresponding
period last year. The company’s
market share in commercial
vehicles was 59.4 per cent for
2011-12.
Focus on Truck industry