debt free

Tata Motors news: Tata Motors shines in Q4, anticipates debt-free status; JLR posts record profit

by
Tata Motors news: Tata Motors shines in Q4, anticipates debt-free status; JLR posts record profit

Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended … Read more

Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

by
Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25

Having reported record high revenue, profits and free cash flows, Tata Motors now expects to become net automotive debt free on a consolidated basis in FY25, it said in a stock exchange filing. The company is ‘cautiously optimistic’ on domestic demand over the full year, but expects the first half of the financial year to … Read more