Tata Motors Ltd. (TML) released its third-quarter ending December 31, 2024, financial results, reflecting a mixed performance as the company experiences alleviating supply chain pressures. The consolidated Q3 FY25 revenue stood at ₹113.6 billion, a modest 2.7% year-on-year growth. The company posted an EBITDA of ₹15.5 billion with a margin of 13.7%, though this was a 60 basis points drop from the prior year. Importantly, EBIT increased to ₹10 billion, reflecting operational strength.
Jaguar Land Rover (JLR) did well in this quarter, recording a record revenue of £7.5 billion, an increase of 1.5% year-on-year, and the highest EBIT margin in a decade at 9%. This is JLR’s ninth consecutive quarter of profitability, even though profit before tax fell from £627 million to £523 million from the previous year.
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Conversely, Tata’s CV business experienced a setback with revenues dropping by 8.4% to ₹18.4 billion as a result of reduced volumes but improved EBITDA margins to 12.4%. Revenues in the PV segment also dropped by 4.3% to ₹12.4 billion, while EBITDA margins rose to 7.8% as a result of strong cost controls.
In the future, Tata Motors anticipates gradual growth in domestic demand due to higher infrastructure expenditure and new product launches. As Tata Motors follows its strategic drive and innovation orientation, stakeholders are going to closely watch its performance in the quarters to come.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Maruti Suzuki posts record Q3 FY25 results with strong sales growth.
Published on: January 29,2025.By: M Vishnu
Maruti Suzuki India Limited today announced its consolidated financial results for the third quarter of FY 2024-25. The company continued its remarkable performance during the quarter with robust sales. The company sold a total of 566,213 vehicles in the third quarter of the current fiscal year. This includes 466,993 units sold in the domestic market and 99,220 units exported—the highest ever export in any quarter. This posted a good increase from last year’s total sales of 501,207 units.
The company reported substantial growth in its financial results, with the net sales in Q3 FY25 reaching the highest figure ever at INR 368,020 million, up from the amount recorded during the corresponding quarter last year at INR 318,600 million. In the period, the net profit went up to INR 35,250 million, registering a significant increase of 12.6% over the corresponding Q3 FY2023-24 at INR 31,300 million.
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Besides the quarterly results, Maruti Suzuki posted impressive figures for the nine months ending December 2024. The company sold a record 1,629,631 units in the nine months, up by 5% from the same period last year. Domestic sales were at 1,382,135 units, while exports stood at 247,496 units.
The net sales for the nine-month period stood at INR 1,062,664 million compared to the earlier year stand at INR 982,403 million. At the same time, Maruti Suzuki’s net profit reached INR 102,441 million compared to INR 93,316 million in the corresponding nine months of FY 2023-24.
The impressive performance of Maruti Suzuki, which has become the market leader in the Indian automobile sector, indicates its robust performance in the current scenario. Stakeholders are closely watching the performance of the company, as it is upgrading its product offerings and increasing its market share.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
Also read: Indian Markets on 23 Jan: Modest Gains with Banking Sector Leading the Uptrend
Published on: January 28, 2025 at 10.00 PM GMT.
As stated in Bhagavad Gita : (Bhagavad Gita 6.5)
विनाशं यति शरीरं यदा कालेन तद्विदुः।
When the body perishes, the soul does not perish; it is eternal.
30th January is celebrated as Martyrs’ Day!
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