Tata Motors Q2 profit dips 11% to ₹3,343 cr
Profitability in JLR was affected by temporary aluminium supply constraints which resulted in EBIT margins of 5.1%, down 220 basis points.
Profitability in JLR was affected by temporary aluminium supply constraints which resulted in EBIT margins of 5.1%, down 220 basis points.
Measures to reduce costs and lower break-even volume at JLR boost bottom line.
Revenues of Tata Motors' subsidiary JLR improved by 30.4% to 6.9 billion pounds.
Tata Motors group CFO PB Balaji says FY24 began on the right note with all verticals delivering strong performances in Q1 FY24
Tata Motors revenue jumped 35% year-on-year to ₹1.05 lakh crore in Q4.
Revenue from operations rose 22.5% to ₹88,488.59 crore in the third quarter.