Automobile major Tata Motors, on a standalone basis, is expected to post a loss of Rs 687 crore for the March quarter against a net profit of Rs 465 crore year on year. On a consolidated basis, the figure could be lower by 52 percent at 3,502 crore.
Revenues for the firm could be lower by 5.5 percent at Rs 11,888 crore against Rs 12,570 crore during the corresponding quarter last year. Meanwhile, this could come in at Rs 82,866 crore, down 2.7 percent on a consolidated basis.
Meanwhile, the earnings before interest, taxes, depreciation and amortisation is likely to come in lower at Rs 358 crore against Rs 896 crore, while margin is seen at 2.9 percent against 7.1 percent. EBITDA on a consolidated basis is seen at Rs 9,853 crore against Rs 11,387 crore, while the margin could be seen at 11.8 percent against 14 percent year on year on a consolidated basis.
However, the most important aspect to watch out for the company are JLR’s margins and EBITDA.
For the March quarter, JLR is expected to post a 3.5 percent lower EBITDA of 1032 million pounds against 1069 million pounds. The operating margin could come in lower at 13 percent against 16.2 percent. This has been adjusted for 166 million British Pound Takata airbags’ recall cost.
The profit after tax could be higher by 8 percent at 512 million pounds against 472 pounds during the corresponding quarter last year.
Revenues for the quarter could be higher by 20 percent at 7962 million pounds against 6594 million pounds last year.
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