INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Tata Motors is likely to report Rs 1,200-1,600 crore loss for the September quarter
Analysts said while JLR business may show some improvement, domestic business numbers may prove a drag
its quarterly numbers on Friday.
Edelweiss Securities sees adjusted losses at Rs 1,221.17 crore
expect consolidated revenue to fall 4.3 per cent YoY due to weakness in the India business primarily
We expect consolidated operating margin to improve sequentially by 220 bps to 7.1 per cent
sees losses at Rs 1,642.10 crore
It sees sales falling 11 per cent to Rs 63,974.60 crore
expects the auto major to report loss at Rs 1,480 crore on 12.3 per cent YoY drop in consolidated net sales
Net realization is also expected to increase by 3.2 per cent YoY