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Tata Motors' JLR revenue jumps 57% on year to £6.9 billion in Q1FY24

Jaguar Land Rover (JLR), the luxury auto arm of Tata Motors, reported a 57% YoY increase in Q1 revenue to £6.9bn and a profit before taxes of £435m. The company s Q1 free cash flow reached a record high of £451m and its cash on hand increased to £4bn. ....

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Tata Motors JLR: JLR wholesales rise 30% YoY to 93,253 units, Auto News, ET Auto

Tata Motors JLR: JLR will report its full financial results for the first quarter later in July. Based on preliminary cash balances, the luxury carmaker expects to report positive free cash flow of over GBP 400 million in the quarter. Meanwhile, Tata Motors has informed the exchanges that it will announce its first quarter results on July 25. ....

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Tata Motors shares surge 8% on JLR sales; Goldman Sachs ups price target for Tata group stock to Rs 550

Tata Motors shares: Motilal Oswal Securities said the stock trades at 16.9 times its estimated FY24 consolidated EPS and 13.7 times its estimated FY25 consolidated EPS. The brokerage has a 'Buy' rating on the stock with a target of Rs 525.

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Tata Motors shares up by nearly 3% on JLR Q4 sales data, wholesales up 24% YoY

The company said that wholesale volumes for the March quarter stood at 94,649 units (excluding the Chery Jaguar Land Rover China joint venture), up 24% compared to corresponding quarter last fiscal ....

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