Auto major Tata Motors will announce its third quarter earnings today. According to CNBC-TV18 poll, the company is expected to report 35 percent jump in its consolidated revenues to Rs 62109 crore from Rs 46090 crore, a year ago. The bottomline is estimated to double from Rs 1627 crore to Rs 3420 crore in third quarter. The operating profit margins are also expected to improve by 190 basis points to 14.1 percent.
Standalone- YoYRevenue down 30% at Rs 7490 crore versus Rs 10630 croreEBIT loss of Rs 70 crore versus profit of Rs 145 croreNet loss of Rs 790 crore versus loss of Rs 458 crore Jaguar Land Rover (in GBP million )Revenue up 37% at GBP 5225 million versus GBP 3804 millionEBITDA up 57% at GBP 840 million versus GBP 533 millionOPM at 16% vs 14%PAT up 46% at GBP 433 million versus GBP 296 million What to watch out for :-Tat Motors likely to outperform the sector in earnings growth-Another strong performance expected from consolidated business due to JLR volume and margin improvement-Standalone business will continue to drag bottomline
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