Tata Motors Zooms Past TCS as Tata Group's Profit Leader

  • Power Shift: In a significant development, Tata Motors dethroned TCS as the Tata group's most profitable company after a decade.
  • Profit Surge: Tata Motors reported a robust 213.7% year-on-year jump in net profit for Q4FY24, reaching ₹17,483 crore.
  • TCS Lags: Meanwhile, TCS witnessed a more modest 9.1% growth in net profit during the same period.
  • Last Time Leader: The last time Tata Motors held the top spot was in June 2014.
  • Market Reaction: Investors are keeping a close eye on Tata Motors' stock following this news.

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