Tata Motors Ltd (TML) reported weak set of numbers for Q3FY18. While standalone numbers were strong on the back of a strong CV performance, JLR performance was lower than expectations. Consolidated revenues for the company were 16% higher yoy at Rs74,156cr, in-line with consensus estimates. Stock Advisory Company
Tata Motors Ltd (TML) reported weak set of numbers for Q3FY18. While standalone numbers were strong on the back of a strong CV performance, JLR performance was lower than expectations. Consolidated revenues for the company were 16% higher yoy at Rs74,156cr, in-line with consensus estimates.
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