Wednesday, 9 August 2017

Tata Motors Q1FY18: Result expectations

Major indices in the market were trading lower during the morning hours on Wednesday. Nifty was down by 26 points at 9,952 level while Sensex was down by 107 points at 31,906 level as of 0948 hours.

Result Expectation: Tata Motors Q1 FY18 (YoY):
PAT is likely to fall 35% to Rs 6,525 crore.
Net sales seen at 5.5% lower at Rs 59,790 crore.
EBITDA expected 14% lower at Rs 6,525 crore.
EBITDA margin may narrow to 10.9% from 11.6%.



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