Tata Motors Results Earnings Call for Q1FY24
Conference Call with Tata Motors Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.26-07-2023
26-07-2023
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed copy of newspaper publication pertaining to results for the first quarter ended June 30, 2023.26-07-2023
Tata Motors' DVR shares surge 14.35%
Tata Motors will offer seven ordinary shares for every 10 DVRs held. Prior to the announcement, DVR shares were trading at around 37026-07-2023
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulations 30 and 46(2)(o) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the audio call recording of Company's Analyst Call/Investor presentation to, inter-alia, discuss the financial results for the first quarter ended June 30, 2023 is available on the Company's website.25-07-2023
Q1FY24 Quarterly Result Announced for Tata Motors Ltd.
Commercial vehicles company Tata Motors announced Q1FY24 results: Revenues at Rs 102.2K crore (up 42% yoy) EBITDA at Rs 14.7K crore (up 177% yoy) EBIT of Rs 8.3K crore (higher by Rs 8.8K crore) Overall PBT improved by Rs 10.3K crore to Rs 5.3K crore and net profit was Rs 3.3K crore. JLR revenue £ 6.9 billion up 57.0%, EBITDA at 16.3% (+960 bps), EBIT at 8.6% (+1300 bps) Tata CV revenue Rs 17.0K crore, up 4.4%, EBITDA at 9.4% (+390 bps), EBIT at 6.5% (+370 bps) Tata PV revenue Rs 12.8K crore, up 11.1%, EBITDA at 5.3% (-80 bps), EBIT at 1.0% (+10 bps) PB Balaji, Group Chief Financial Officer, Tata Motors said: “FY24 has begun on the right note with all automotive verticals delivering strong performances. The distinct strategy employed by each business is now delivering consistent results and making them structurally stronger. We remain confident of sustaining this momentum for the rest of the year and achieving our stated goals.” Girish Wagh, Executive Director of Tata Motors said: “The Indian commercial vehicles sector made a promising start to FY24 in Q1, enabled by a strong infrastructure push from the Government as well as increased economic activity. At Tata Motors, we successfully upgraded our entire portfolio beyond the mandatory requirements for BS6 Phase 2 transition to offer more features, value-adds, and benefits to customers. We were impacted in the earlier part of the quarter with availability issues due to this large transition but delivered sequentially improved performance as the quarter progressed. Looking ahead, we remain optimistic about the demand environment even as it continues to face the headwinds of high-interest rates, fuel prices, and inflation. We will continue to drive our demand-pull strategy and step up our competitiveness with improved availability of our exciting range of products as the year progresses.” Result PDF25-07-2023
Tata Motors to issue 7 ordinary shares for every 10 A' shares, implying premium
The company will issue 7 new shares for every 10 existing shares as part of a scheme to reduce and cancel 'A' ordinary shares.25-07-2023
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed submission of investor presentation to be made to Investors/Analysts.25-07-2023
TATA MOTORS LTD. - 500570 - Board Meeting Outcome for Outcome Of The Board Meeting
Pursuant to Re 30 and 52 and other applicable regulations of the SEBI Listing Regulations the Board of Directors today has approved the Audited Standalone Financial Results alongwith the Auditors Report thereon and the Unaudited Consolidated Financial Results alongwith the LRR for the Quarter ended June 30, 202325-07-2023
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Change in Management
Pursuant to regulation 30 of the SEBI LODR, we hereby inform you that the Board of Directors of the Company at its meeting held on July 25, 2023 has appointed Mr Rajesh Kannan as President & Chief Digital and Information Officer, the Senior Management Personnel of the Company.25-07-2023
TATA MOTORS LTD. - 500570 - Announcement under Regulation 30 (LODR)-Scheme of Arrangement
In term of regulation 30 of the SEBI LODR we hereby inform you that the Board of Directors at its meeting held on July 25, 2023 have approved Scheme of Arrangement amongst the Company and the Shareholders and creditors under Section 230 and 232 of the Companies Act, 2013, for reduction of share capital of the COmpany by way of cancellation of the entire ''A" Ordinary shares of the Company25-07-2023