Tata Motors Q2 profit dips 11% to ₹3,343 cr
Profitability in JLR was affected by temporary aluminium supply constraints which resulted in EBIT margins of 5.1%, down 220 basis points.
Profitability in JLR was affected by temporary aluminium supply constraints which resulted in EBIT margins of 5.1%, down 220 basis points.
Revenues of Tata Motors' subsidiary JLR improved by 30.4% to 6.9 billion pounds.
Tata Motors share price has surged 60% in the calendar year 2023, on the back of recent rise in sales volume and turnaround in JLR numbers.