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Jan 24, 2013, 08.45 AM IST | Source: Reuters

JLR Q3 operating margin to fall, capex to rise in FY14

Jaguar Land Rover (JLR) is likely to report a lower EBITDA margin in the October-December quarter compared with the previous two quarters, the company said on Wednesday, due to exchange rate fluctuations and a higher mix of Evoque sales.

JLR Q3 operating margin to fall, capex to rise in FY14

Jaguar Land Rover (JLR) is likely to report a lower EBITDA margin in the October-December quarter compared with the previous two quarters, the company said on Wednesday, due to exchange rate fluctuations and a higher mix of Evoque sales.

JLR's capital expenditure will rise to 2.75 billion pounds in the fiscal year that begins in April, up from 2 billion pounds in the current year, the company said in a statement, adding that free cash flow for 2013-14 could be negative as a result.

The British luxury brands, owned by India's Tata Motors , will report higher revenue in the quarter that ended in December than in the previous two quarters but similar EBITDA (earnings before interest, taxation, depreciation and amortisation), and will report a negative free cash flow in the period.

JLR reported EBITDA of 486 million pounds in the quarter to end-September, with an EBITDA margin of 14.8 percent.

Tata Motors stock price

On August 22, 2014, Tata Motors closed at Rs 524.40, up Rs 2.80, or 0.54 percent. The 52-week high of the share was Rs 531.00 and the 52-week low was Rs 286.35.


The company's trailing 12-month (TTM) EPS was at Rs 0.08 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 6555. The latest book value of the company is Rs 59.58 per share. At current value, the price-to-book value of the company is 8.80.

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