Clarification13 May 2025, 08:41 pm
Tata Motors Denies Fictional News of 58% Profit Slump in Q4 FY25
AI Summary
Tata Motors Limited has issued a clarification regarding a news article published in 'Times Now/ET Now' on May 13, 2025. The article titled 'Tata Motors posts 58% profit slump in Q4 FY25 amid rising costs and JLR sales dip' was found to be fictional and misleading. The company strongly condemned this unverified publication and communicated their concerns to the publisher. The audited financial results, as approved at the Board Meeting, had been communicated to the Stock Exchanges.
Key Highlights
- Tata Motors denies a fictional news article of a 58% profit slump in Q4 FY25
- The news article was found to be misleading and unverified
- Company strongly condemned the publication and communicated their concerns
- Audited financial results were approved at the Board Meeting and communicated to Stock Exchanges