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Tata Motors Q4 Review – Aiming Near Net Debt Free (Automotive) By FY24: ICICI Direct

JONATHAN DESVERNEY by JONATHAN DESVERNEY
May 13, 2022
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BQ Prime’s particular analysis part collates high quality and in-depth fairness and economic system analysis reviews from throughout India’s high brokerages, asset managers and analysis companies. These reviews supply BQ Prime’s subscribers a chance to increase their understanding of firms, sectors and the economic system.

Tata Motors Ltd. reported wholesome This fall FY22 outcomes.

Tata Motors’ consolidated complete working revenue for the quarter got here in at Rs 78,439 crore, up 8.6% QoQ.

Reported Ebitda for This fall FY22 was at Rs 11,494 crore with corresponding Ebitda margins at 14.7%, up 220 foundation factors QoQ.

Jaguar Land Rover wholesales at 89,148 items had been up 7.3% QoQ with revenues flat QoQ at £4.8 billion. Margins had been up 60 bps QoQ at 12.6%.

JLR generated constructive free money circulate of £340 million.

Click on on the attachment to learn the complete report:

DISCLAIMER

This report is authored by an exterior celebration. BQ Prime doesn’t vouch for the accuracy of its contents neither is answerable for them in any manner. The contents of this part don’t represent funding recommendation. For that you could at all times seek the advice of an knowledgeable based mostly in your particular person wants. The views expressed within the report are that of the writer entity and don’t characterize the views of BQ Prime.

Customers haven’t any license to repeat, modify, or distribute the content material with out permission of the Authentic Proprietor.





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