Tata Motors Passenger Vehicles profit drops 80% as JLR disruption and input costs compress margins

Domestic growth and a revenue beat were not enough to offset supply constraints and a 130-basis-point EBITDA-margin decline.

INDIAN MARKET GRID EDITORIAL DESK6 MIN READPUBLIC PREVIEW

MEMBER PREVIEW

Tata Motors Passenger Vehicles reported consolidated first-quarter net profit of ₹7.75 billion, down 80.3% from ₹39.24 billion a year earlier. Revenue increased to ₹957.99 billion and exceeded the cited analyst estimate.

FREE MEMBER LOGIN

LOGIN TO CONTINUE READING.

Create or use your free IMG login to read standard articles. Important and Premium analysis also requires an active ₹99 or ₹199 plan.

The public preview and the member article share the same canonical page. No personalised investment recommendation is provided.