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
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 November 27, 2015, Tata Motors closed at Rs 417.55, down Rs 5.6, or 1.32 percent. The 52-week high of the share was Rs 612.05 and the 52-week low was Rs 279.15.
The latest book value of the company is Rs 78.55 per share. At current value, the price-to-book value of the company was 5.32.
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