Excluding this exceptional item
, the increase in operating expenses would be 10.33%.
Profit before Tax (before exceptional item
) grew 35% at Rs.
The Consolidated Profit before Exceptional item
and Tax was Rs.4,658 crores, posting a growth of 68.7 percent over Rs.2,760 crores in the corresponding quarter of the previous year.
Consolidated profit after tax stood at Rs 231 crore as compared to Rs 1,735 crore in Q1 FY20 mainly due to one-time exceptional item
pertaining to sale of non-core investment in previous year quarter.
The benefit of the decision came for the full year in that quarter and if this exceptional item
was excluded, the Q- on- Q net profit should have been higher by ` 736 crore, Vasudeva said.
The cost of achieving the cost savings would amount to pounds 9m including the previously announced exceptional item
of pounds 5m relating to the integration of the newly-acquired Online Travel.
Presumably on the back of job losses, profit from the pools firm went up by pounds 2.9 million to pounds 4m, but turnover slumped from pounds 61.1m to pounds 44.5m, and Easy Play's launch costs of nearly pounds 10m were written off as an exceptional item
Summary: Mumbai, Feb 7 (ANI): Tata Motors said on Thursday its profit after tax of Rs 26,961 crore during October to December 2018 was impacted by an exceptional item
of asset impairment in Jaguar Land Rover of 3.1 billion pounds (about Rs 27,838 crore).
Operating margins, before amortisation and exceptional item
, improved from 4.8 per cent to 5.2 per cent with underlying operating profit increasing by 31.8 per cent to pounds 19.9 million compared with pounds 15.1 million in 2006.
PRE-TAX profits at Northern Ireland's UTV television network touched pounds 33.75 million last year - up from pounds 9.75 million on the previous year - but were boosted by the exceptional item
of the sale of its stake in Societe Europene de Satellites.
It is most pleasing to report that after three years of reducing our losses the Group returned to profit, recording a profit before tax and exceptional items
of pounds 600,000, the exceptional item
being the loss on disposal of the hotel in France of pounds 100,000.