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Tata Motors is expected to report a year-on-year growth in revenue and profit in its Q3FY24 scorecard, while sequential numbers may be subdued. JLR business may deliver better operating margins on higher sales and a favourable mix of products. ....
Tata Motors Q3 Result Preview: The consolidated net profit of the automaker is seen surging a whopping 55% year-on-year (YoY) to Rs 4,589 crore, according to the average of estimates given by five brokerage houses. Consolidated topline is seen rising 21% YoY to Rs 1.07 lakh crore, and operating profit may grow 50% to Rs 14,422 crore, the estimates showed. ....
Tata Motors is expected to post marginal PAT at consolidated level in Q3 due to an improved mix at JLR and softening input costs in the standalone business ....