Tata Motors Q3 results today: Tata Motors is set to release its Q4 earnings, and expectations are high. Strong demand for passenger and commercial vehicles in India, as well as growth in JLR volumes, are expected to drive double-digit earnings growth. Investors will also focus on the outlook for Indian and international markets, as well as JLR s guidance for margin growth and free cash flow generation.
Tata Motors Q3 Result Preview: The consolidated net profit of the automaker is seen surging a whopping 55% year-on-year (YoY) to Rs 4,589 crore, according to the average of estimates given by five brokerage houses. Consolidated topline is seen rising 21% YoY to Rs 1.07 lakh crore, and operating profit may grow 50% to Rs 14,422 crore, the estimates showed.
Tata Motors stock has fallen after four days of consecutive gain. The stock opened with a loss of 2.03% at Rs 507 today against the previous close of Rs 517.50 on BSE.