Tata Motors Q3 PAT seen at Rs 478 cr

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Tata Motors is to announce its third quarter results. According to CNBC-TV18 estiamtes, the company's Q3FY10 standalone revenues are seen up 78% at Rs 8499 crore versus Rs 4757 crore, year-on-year, YoY.

The company's standalone PAT is seen at Rs 478 crore versus net loss of Rs 263 crore.

Its OPM seen at 13% (flat QoQ).

Key highlights to watch out for:

Revenue to benefit from improving truck sales domestically as well as encouraging outlook for PV luxury cars globally
Revenue growth to be led by 56.7% YoY growth in volumes at 1.59 lakh units  ( ~2.4% QoQ decline )
Volume break- up : 120% MHCV growth YoY , 70% LCV growth , 40% PV growth
Incremental volumes from Nano will also help volumes this Q
Realisations up 5.7% YoY due to Higher CV contribution ( ~60.7% vs 55.4% YoY ) 
Margins to improve due to improved pdt mix, lower raw mat cost , cost cutting initiatives
Raw mat cost as % of sales to come down to 66.6% vs  75.4% YoY

Volumes in Q3 YoY

Total volumes up 60% at 1.59 lakh vs 97644 units
MHCV up 120% at 39725 vs 17924
LCV up 70% at 53743 vs 31515 due to super success of Tata ACE
CARS up 40% at 48981 versus 35038