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Tata Motors Q2 preview: Co's profit may surge up to 49%, Ebitda by 34% YoY

Business Standard LogoBusiness Standard2w ago

Tata Motors Q2 preview: Co's profit may surge up to 49%, Ebitda by 34% YoY - Business Standard

Quick Summary:

JLR volumes are projected to decline 4 per cent due to supply issues, with the JLR Ebit margin narrowing to 6.8 per cent due to lower volumes and increased discounts.

Additionally, the domestic PV business Ebitda is projected to fall to 5.2 per cent, affected by higher discounts and lower operating leverage.

Motilal Oswal points to weak performance in Tata Motors’ India operations, with CV and PV volumes down by 5 per cent and 19 per cent Y-o-Y, respectively.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 09:48:58 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 840 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23456221

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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