Tata Motors Q1 results preview: PAT likely at Rs 2,000 crore, margin likely to expand to 11.4%
Tata Motors Q1 results preview, Tata Motors Q1 results date: Tata Motors is all set to report its financial results on Tuesday, July 25. Analysts expect Tata Motors to see healthy growth in passenger vehicles, and factors such as seasonality and pre-buying to impact its commercial vehicles business.
Tata Motors Q1 results preview, Tata Motors Q1 results date: Tata Motors is all set to report its financial results on Tuesday, July 25. Analysts expect Tata Motors to see healthy growth in passenger vehicles, and factors such as seasonality and pre-buying to impact its commercial vehicles business. According to Zee Business research, the auto major's consolidated net profit for the April-June period is estimated at Rs 2,000 crore, as against a net loss of Rs 4,987 crore for the corresponding period a year ago.
Its consolidated revenue is expected to jump 41.1 per cent on a year-on-year basis to Rs 1,01,500 crore, according to the research. The analysts estimate the Mumbai-headquartered Tata group company to report Rs 11,550 crore in earnings before interest, taxes, depreciation and amortisation (EBITDA) for the June quarter, as against Rs 3,181 crore for the year-ago period. They estimate its margin — a key measure of profitability for a business — to improve to 11.4 per cent for the first quarter of the current financial year, from 4.4 per cent for the year-ago period.
Tata Motors-owned Jaguar Land Rover (JLR) is forecast to see higher volumes on improving supply of semiconductor chips and strong demand for new models. According to Zee Business research, JLR's volumes are expected to grow 29.6 per cent on a year-on-year basis to to 1,07,100 vehicles in the April-June period. Tata Motors' volumes in the PV and CV segments is expected to drop two per cent to 2,26,245 vehicles during this period. Zee Business analysts peg the segment realizations in JLR to jump 23.5 per cent to 75,785.
Tata Motors share price history
Tata Motors' stock price has gained over 40 per cent in the last year (July 25, 2022), sharply outperforming a over 18 per cent rally in the benchmark Nifty index.
Catch latest minute-by-minute stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.