Latest news with #INR400
Economic Times
14-05-2025
- Automotive
- Economic Times
Tata's EV business loses market share but drives INR100 crore profit in FY25
In a paradox that few would have predicted, Tata Passenger Electric Mobility (TPEM) has turned Ebitda (earnings before interest, taxes, depreciation and amortisation) positive for the first time in FY25 — even as its stranglehold over India's electric vehicle (EV) market weakened significantly. The company reported a profit before tax (PBT) and exceptional items of INR100 crore, reversing a loss of INR400 crore in FY24. The Ebitda turnaround was
Time of India
14-05-2025
- Automotive
- Time of India
Tata's EV business loses market share but drives INR100 crore profit in FY25
In a paradox that few would have predicted, Tata Passenger Electric Mobility (TPEM) has turned Ebitda (earnings before interest, taxes, depreciation and amortisation) positive for the first time in FY25 — even as its stranglehold over India's electric vehicle (EV) market weakened significantly. The company reported a profit before tax (PBT) and exceptional items of INR100 crore, reversing a loss of INR400 crore in FY24. The Ebitda turnaround was
