Friday 26 August 2016

Tata Motors Q1 net seen up 3%, JLR revenue may grow 5%: Poll.

Tata Motor is likely to see consolidated net profit at Rs 2856 crore in April-June quarter, up 3 percent from Rs 2769 crore in year-ago period. the auto major may see revenue growth of 5.6 percent at Rs 64400 crore from Rs 61019.5 crore in corresponding quarter last fiscal. During the quarter, its EBITDA may slip 0.8 percent at Rs 9037 crore versus Rs 9109 crore while operating profit margin may stand at 14 percent against 14.9 percent year-on-year.  

On a standalone basis, its net profit may slip to Rs 143 crore in Q1 from Rs 257.5 crore while revenue is likely to be at Rs 10004 crore against Rs 9296.9 crore in year-ago period. In Q1 EBITDA may stand at Rs 513 crore against Rs 346.1 crore and operating profit margin may come in at 5.1 percent versus 3.7 percent (YoY). 

Its British subsidiary Jaguar Land Rover (JLR) may see net profit falling to 319 million pounds in Q1 against 492 million pounds as revenue is likely to grow 5 percent at 5260 million pounds versus 5002 million pounds in year-ago period.

 During the quarter, its EBITDA may stand at 746 million pounds against 821 million pounds and operating profit margin is seen at 14.2 percent from 16.4 percent (YoY).

No comments:

Post a Comment