₹621 crore, for the quarter ending 31 March, as a result of a significant decline in retail sales in March due to Covid -19.The net profit of the company during the corresponding quarter stood at ₹730.32 crore.The company also had to reduce production during the first two months of the quarter as a result of shortage of supply of components from China.Net sales during the period decreased by 21% to ₹6,238.39 crore as a consequence of 25.71% decrease in vehicle sales during the period to 13.23 lakh units.However, the company managed to beat the Bloomberg estimate for net profit pegged at ₹569.20 and net revenue at ₹6129.7 crore.At an operating level, the company’s operating profit or the earnings before interest, tax, depreciation and.