ResultsEconomic Times
Tata Motors warns of sustained commodity cost pressures
Negative-67
GreyOak summary
Tata Motors Passenger Vehicles reported a consolidated net loss of Rs 5,531 crore for Q3 FY27, driven by exceptional charges of Rs 6,738 crore. CEO Shailesh Chandra noted that commodity and semiconductor costs continue to weigh on margins. The company expects gradual profitability improvement in Q4 through price hikes and cost-cutting measures.
What it affects
- Tata MotorsTMCVNegative -67
Cost pressures persist; margin relief expected in Q4.Rolling sentiment Neutral +6
Source
Read the original at Economic TimesMore Tata Motors news
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