Help Desk -
9717405332, 9599714297, 9810335381

Tata Motors Q3FY19 Financial Results

Auto News - Published on Mon, 11 Feb 2019

Image Source:
Tata Motors Group Consolidated Results - Net Revenue at INR 77,001 Crore (+5.0%);TML domestic delivers robust profitable growth. Weak sales in China and de-stocking impacted JLR.PAT at INR (26,961)Crore impacted by an exceptional item of Asset Impairment in JLR of INR (27,838)Crore (GBP 3.1 billion) EBITDA at INR 6,522 Crore (8.5%), EBIT (0.1) %. (down 370bps) impacted by Weak sales in China and de-stocking.

Tata Motors (Standalone) - Revenue INR 16,208 Crore (+1.5%),YTD market shares up (as compared to FY 18) in both CV (+60bps) and PV (+50bps) PAT at INR 618 Crore EBITDA at INR 1,468 Crore (9.1%), EBIT at 4.3% up 70 bps, FCF outflow of INR 1,537 Crore impacted by lower creditors due to RM inventory corrections Launched Tata Harrier #BornofPedigree and Tata Nexon achieved ‘5 star’ Global NCAP rating for safety.CV EBITDA stable at 11.6%; PV business sustained EBITDA break-even. Turnaround 2.0 to continue its sharp focus on “Win Decisively in CV”, “Win Sustainably” in PV, “Win Proactively in EV” & Embed Turnaround culture in organisation

Jaguar Land Rover: Performance impacted by corrective action in China and production shutdown - JLR Revenue at GBP 6.2 Billion (-1.4%), PAT at (GBP 3,129 million), EBITDA of GBP 455 million (7.3%), EBIT at -2.6%, FCF outflow of £361mnLaunched the all new Range Rover Evoque with hybrid options. Project Charge on track to achieve GBP 2.5 Billion target; Cash benefits started to flow in with GBP 500 million delivered in Q3 FY 19One time exceptional non-cash charge taken for asset impairment of GBP 3.1 Billion. Reduces growth in depreciation and amortization by GBP 300 million pa. JLR taking decisive actions to step up competitiveness, reduce costs, improve cash flows and make the business “Fit for Future”

Source :

Posted By : Joykumar Irom on Mon, 11 Feb 2019
Related News from Auto segment