Revenue for Q1 FY23 has increased by 48% YoY to ₹ 28,412 crores. Profits have grown 418% YoY to ₹ 2,196 crores.
In this quarter’s results, the management suggested that the firm’s increased profitability are driven by strong results in Automotive Segments with SUV market share a priority and Farm Segments driven by Tractor revenues.
To further compare this quarter’s results to the past, check out this link.