Tata Motors shares in focus after Q3 profit misses estimates
- Posted on January 30, 2025
- By Business News Today
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Tata Motors shares in focus after Q3 profit misses estimates
Tata Motors reported a 22% YoY decline in Q3 profit to Rs 5,451 crore, missing projections. However, revenues rose 3% YoY to Rs 1.13 lakh crore, driven by easing supply challenges. JLR saw record Q3 revenue and highest EBIT margin in a decade, but future expectations remain cautious due to potential demand and supply issues.