ResultsEconomic Times
Tata Motors PV swings to unexpected loss
Negative-98Company event
GreyOak summary
The loss was driven by JLR restructuring costs, asset impairments, and adverse model mix, despite a 34% rise in revenue to ₹96,920 crore. The company lowered its JLR operating margin guidance to 2-3% for FY27 and shares fell 3.4% after market hours.
What it affects
- Tata Motors Passenger VehiclesTMPVNegative -98
Swung to unexpected quarterly loss of ₹5,531 crore.Rolling sentiment Negative -58
Source
Read the original at Economic TimesMore Tata Motors Passenger Vehicles news
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