Picture of Tata Motors Passenger Vehicles logo

TMPV — Tata Motors Passenger Vehicles News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapNeutral

Brief: Tata Motors Passenger Vehicles Q1 Consol Net Profit 7.75 Billion Rupees

BRIEF-Tata Motors Passenger Vehicles Q1 Consol Net Profit 7.75 Billion Rupees

- Tata Motors Passenger Vehicles Ltd TAMO.NS:

  • Q1 CONSOL NET PROFIT 7.75 BILLION RUPEES

  • Q1 CONSOL TOTAL REV FROM OPS 957.99 BLN RUPEES; IBES EST. 934.28 BLN RUPEES

  • RESILIENT START TO YEAR, SUPPLY CHAIN HEADWINDS, COMMODITY PRESSURES PERSIST

  • IMPLICATIONS FROM GLOBAL GEOPOLITICAL DEVELOPMENTS, LUXURY SEGMENT TRENDS KEY MONITORABLES

  • TATA MOTORS PV - ON DOMESTIC FRONT, WHILE COMMODITIES ARE EXPECTED TO REMAIN ELEVATED, DEMAND REMAINS HEALTHY WITH RISING EV PENETRATION

  • TATA MOTORS PV - BUSINESS WILL FOCUS ON REVENUE GROWTH WHILST REMAINING PRUDENT WITH INCREASED FOCUS ON COST REDUCTIONS AND CALIBRATED PRICE ACTIONS

  • TATA MOTORS PASSENGER VEHICLES ON JLR - VOLUMES WERE IMPACTED BY TEMPORARY SUPPLY CONSTRAINTS

  • TATA MOTORS PV ON PV - WHILE SUPPLY CONSTRAINTS AFFECTED SIERRA VOLUMES DURING QUARTER, INTEREST REMAINS STRONG


Further company coverage: TAMO.NS


((Reuters.Briefs@thomsonreuters.com;;))

Recent news on Tata Motors Passenger Vehicles

See all news