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A senior official said on Wednesday that Tata Motors expects a gradual improvement in terms of demand in the fourth quarter of the fiscal year 25. The company announced a 22 % decrease on an annual basis in a net profit to 5451 rupees in the third quarter of the fiscal year 25, compared to 7, 025 rupees in the same period last year. The car industry’s revenues from operations improved marginally by 2.7 % to 1.16 rupees, compared to 1.11 rupees in the same period last year.
In the passenger vehicle sector, the company’s revenues decreased by 4.3 % on an annual basis to 12400 rupees, while EBITDA from the sector improved by 120 basis points. In the commercial vehicle sector, the company’s revenues decreased by 8.4 % on an annual basis to 18,400 rupees.
“I think that if you look at the local situation, the decrease in the revenues that I saw for us on the side of the commercial vehicles, while the markets of the heavy market will give you an indication that the demand in the Q3 was not so great as I expected. Palaji says, the group’s financial manager says , Tata Motors, the holiday season was good, but then the demand was weak due to a group of factors such as narrow liquidity. ”
According to Balaji, although this quarter did not witness significant growth, the demand can be bounced as soon as the turbine shipping is consumed. He said that for the local auto industry, the quarter from January to March is generally strong.
“On the local side, we expect a gradual improvement in the demand for a set of factors. We believe that infrastructure investments will continue this year. We also have the procedures for our products that you go as well. So at the local level, we believe that this gradual improvement in demand will continue in the fourth quarter.” .
It is worth noting that the company’s passenger vehicles and commercial vehicles are scheduled to head towards Demerger in October 2025.
Meanwhile, the company’s revenue for Jaguar Land Rover improved by 1.5 % to 7.5 billion pounds in the third quarter, with the profit margin expanding before benefits, taxes, and the sulfuricid, which is higher in the contract. However, Ebitda JLR decreased by 200 basis points. The company expects to achieve its profitable goals and the goals of the cash flow in the fiscal year 25, with the profit margin before benefits, taxes and destruction.
According to Balaji, while the United States and the United Kingdom are still the largest market for JLR, the company will remain monitoring in China. “We are still monitoring in China. The reason that makes us see tension in China in general, at the level of industry, I think the excellent market has decreased by approximately 14 % for this year from April to December this year. In that, if you look at JLR import work We are improving a lot.
Regarding the possibility of customs tariffs on car imports by the Trump administration, Balji said that the company is closely monitoring the situation. “We currently need to wait for the appearance of clarity in this. As far as it comes to the United Kingdom, I think the British dollars from the payment in the United States are the opposite. American exports, more to the United Kingdom more than vice versa. Thus, we will need to see and see how this is running There is nothing tangible at this stage.