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JLR JUNE SALES
JLR recovery to pace Tata Motors; deleveraging a key triggerThe operating margin before depreciation and amortisation (EBITDA margin) of JLR dropped by 620 basis points sequentially to 6.3 per cent b...- After a bumpy ride in Q1, Tata Motors hopes to raise the tempo in Q2 amid volume improvementThe operating margin before depreciation and amortisation (EBITDA margin) of JLR dropped by 620 basis points sequentially to 6.3% because o...
- JLR reports 68% increase in retail sales in June quarter at 1,24,537 unitsHowever, wholesales, in particular, were lower than demand would have permitted due to semiconductor supply issues affecting the global aut...
- Tata Motors says JLR June quarter retail sales significantly hit by Covid-19It said the sales recoveries in June for China and North America were particularly encouraging.
- JLR’s volume growth turns positive in June, but overhangs remainJLR contributes about three-fourths to total revenue of Tata Motors.
- Tata Motors global sales dip 5% in JuneGlobal sales of JLR stood at 43,204 units. Jaguar wholesale units for the month were 12,839 vehicles, while Land Rover wholesale stood at 3...
- Tata Motors pares losses on recovery in China JLR salesWhile China sales remained down year-on-year in June, sales were up 23.1 per cent from May.
- JLR India sales up 66% in January-June periodOther luxury brands also did well with the market leader Mercedes-Benz clocking 12.4 per cent more volumes at 8,061 units.
- Tata Motors jumps as JLR sales rise 11% in JuneAs many as 10.86 lakh shares changed hands on the counter so far as compared to a two-week average of 3.61 lakh shares.
- Tata Motors ride to depend on forex swings, demand in key marketsExcluding the forex loss, however, Tata Motors' operating margin met expectations of analysts.
- Brexit may have adverse impact on Jaguar Land Rover's operationsThe adverse impact on sales in and sourcing from the region is likely to affect profitability of the global firm, say industry experts.
- Tata Group flagships under threat from economic changes in ChinaA severe slowdown of the Chinese economy could push Tata Motors’ money-spinning subsidiary Jaguar Land Rover into a tight spot.
- Tata Motors net profit falls 48 per cent in June quarter to Rs 2,768 croreTata Motors reported Rs 2,768-cr net profit for the first quarter, 48 per cent less than the year-earlier figure of Rs 5,397 cr.
- Tata Motors falls; China stock rout raises JLR worriesExperts believe that the slowing China demand may hurt JLR volumes, which may remain an overhang on Tata Motors stock.
- JLR’s hold on Tata Motors to strengthen as uphill drive at home continuesThe financial stress for Tata Motors, from its domestic operations, is only mounting with each passing quarter.
- Tata Motors Q1 net down 23% at Rs 1,726 croreTata Motors reported a 23.81% decline in consolidated net profit to Rs 1,762.81 cr for the first quarter ended June 30.
- Tata Motors struggles to maintain sales growth at Jaguar Land RoverTata has highlighted unfavourable exchange rates on a YoY basis at JLR ops has impacted segment margins of this division.
- Tata Motors: Input cost, management, new markets hold key for growthThe growth in its net sales was broadly higher than analysts' estimates, but its operating margins and net profit were lower than analyst e...
- Tata Motors: JLR's sizzling show ensures a smooth rideIn the June 2010 quarter, JLR division accounted for nearly 70% of the company’s net profit and over 60% of its revenues on the consolidate...
- CLSA maintains ‘underperform’ rating on Tata MotorsCLSA maintains ‘underperform’ rating on the stock with a revised target price of Rs 320.
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