Tata Motors Q1 Results Live: Total sales in Q1 down 2% yoy at 2,26,245 units
Tata Motors’ total sales in the domestic and international markets fell 2.16 percent to 2,26,245 vehicles.
The company’s total domestic sales fell 2% to 2,22,345 units from 2,25,828 units during the quarter.
Tata Motors Q1 Results Live: JLR Appoints Adrian Mardell as CEO
On July 20, Jaguar Land Rover (JLR) announced the appointment of Adrian Mardell as its chief executive officer for a three-year term. Mardel, who was chief financial officer and a member of the JLR board of directors for three years, was appointed as interim chief executive officer on November 16, 2022.
JLR also announced the appointment of Richard Molyneux as the company’s chief financial officer. Richard Molyneux was appointed Acting Chief Financial Officer on 12 December 2022 after six years as Director of Operations Finance.
Tata Motors Q1 Results Live: JLR India posts highest sales in June quarter
JLR India recorded its best-ever first quarter sales in the country during April-June 2023, the company said. Its retail sales rose 102% year-on-year to 1,048 units in the June quarter.
Tata Motors Q1 Results Live: Tata Motors shares hit 52-week high ahead of Q1 results
Tata Motors shares hit 52-week high ₹641.50 apiece on the BSE, up nearly 2% on Tuesday ahead of the announcement of Q1 results.
Tata Motors share price has risen sharply this year. The stock has gained 64% YTD and is up nearly 35% in three months.
Tata Motors Q1 Results Live: Tata Motors to post 44% consolidated revenue growth: MK Global
Driven by strength at JLR, Tata Motors is likely to post 44% consolidated revenue growth (30% higher volume +70% YoY due to improved production levels). We expect consolidated EBITDA margin to decline by ~90 bps QoQ to 11.2%, mainly due to unfavorable mix and lower volume in standalone (India CV) operations.
Tata Motors Q1 Results Live: Strong operational performance likely
Tata Motors is expected to report a strong operating performance in the second quarter. Its consolidated earnings, interest, taxes, depreciation and amortization (EBITDA) in Q1 saw a 129% year-over-year jump. ₹13,450 crore.
EBITDA margin is likely to expand by 522 basis points (bps) YoY to 13.4%.
Tata Motors Q1 results live: Net profit seen at Rs 2,600 crore, JLR margin likely to expand
Tata Motors Q1 Results Preview: Automobile major Tata Motors is likely to report a strong financial performance for the quarter ended June 2023 on the back of improving margins and healthy sales of its luxury arm Jaguar and Land Rover (JLR). Read the full report Here
Tata Motors Q1 Results Live: JLR likely to post 30% YoY growth
Luxury carmaker Jaguar Land Rover (JLR), part of Tata Motors, is expected to post 30% year-on-year growth on the back of improved production quality, easing chip shortages and continued traction towards new models.
Tata Motors Q1 Results Live: Consolidated revenue growth seen 43% YoY
Tata Motors’ consolidated revenue is expected to grow by around 43% in Q1FY24. ₹1,03,284 crore on the strength of luxury arm Jaguar Land Rover (JLR). Tata Motors’ passenger vehicle (PV) division posted 8% volume growth in the quarter.
Tata Motors Q1 Results Live: The auto major may turn black this quarter
Tata Motors is likely to report a strong financial performance in the quarter ended June 2023 with improving margins and healthy sales of its luxury arm Jaguar and Land Rover ( JLR ). The company is expected to turn black and report a net profit this quarter ₹2,600 crore compared to a loss of Rs ₹5,731 crore in the same quarter last year, according to average analyst estimates.
Tata Motors Q1 Results Live: Net profit at ₹2,600 crore
Tata Motors Q1 net profit expected ₹2,600 crore compared to a loss of Rs ₹5,731 crore in the same quarter last year, according to average analyst estimates.