Tata Motors Q1 results LIVE: Auto major to announce earnings today, here is what to watch for

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₹13,450 crore.EBITDA margin is likely to expand by 522 basis points (bps) YoY to 13.4%.Tata Motors Q1 Result Preview: Automobile major Tata Motors is likely to report strong financial performance in the quarter ended June 2023 led by improving margins and healthy sales in its luxury arm Jaguar and Land Rover (JLR). Read full report hereThe luxury car maker Jaguar Land Rover (JLR), a part of Tata Motors, is expected to see healthy volume growth of 30% YoY due to improved production levels, easing chip shortages and continued traction toward new models.Tata Motors consolidated revenue in Q1FY24 is expected to see a growth of around 43% at ₹1,03,284 crore driven by strength in luxury arm Jaguar Land Rover (JLR).

Tata Motors’ Passenger Vehicle (PV) division witnessed 8% YoY volume growth during the quarter.Tata Motors is likely to report strong financial performance in the quarter ended June 2023 led by improving margins and healthy sales in its luxury arm Jaguar and Land Rover (JLR). The company is expected to turn into black this quarter and report net profit of ₹2,600 crore as compared to a loss of ₹5,731 crore in the same quarter of the previous year, as per average analysts estimates.Tata Motors Q1 net profit is expected to be at ₹2,600 crore as compared to a loss of ₹5,731 crore in the same quarter of the previous year, as per average analysts estimates.