It said the sales recoveries in June for China and North America were particularly encouraging.

JLR contributes about three-fourths to total revenue of Tata Motors.

Global 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...

While China sales remained down year-on-year in June, sales were up 23.1 per cent from May.

Other luxury brands also did well with the market leader Mercedes-Benz clocking 12.4 per cent more volumes at 8,061 units.

As 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.

Excluding the forex loss, however, Tata Motors' operating margin met expectations of analysts.

The adverse impact on sales in and sourcing from the region is likely to affect profitability of the global firm, say industry experts.

A severe slowdown of the Chinese economy could push Tata Motors’ money-spinning subsidiary Jaguar Land Rover into a tight spot.

Tata 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.

Experts believe that the slowing China demand may hurt JLR volumes, which may remain an overhang on Tata Motors stock.

The financial stress for Tata Motors, from its domestic operations, is only mounting with each passing quarter.

Tata Motors reported a 23.81% decline in consolidated net profit to Rs 1,762.81 cr for the first quarter ended June 30.

Tata has highlighted unfavourable exchange rates on a YoY basis at JLR ops has impacted segment margins of this division.

The growth in its net sales was broadly higher than analysts' estimates, but its operating margins and net profit were lower than analyst e...

In 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 the stock with a revised target price of Rs 320.