by Arundhati Behera | Mar 8, 2023 | High Yield Bonds
Jaguar Land Rover (JLR) reported a total sales of 1,670 units in the British market for the month of February, representing a 33% YoY increase in sales. JLR has been reporting positive results in recent times with the company returning to profit in the prior quarter....
by Amruth Sundarkumar | Jan 16, 2023 | High Yield Bonds
Jaguar Land Rover (JLR) is said to be at risk of missing its debt reduction goal to become net-debt free by March 2024 due to the global semiconductor shortage, as per Tata Motors’ CFO, PB Balaji. He said, “We have lost at least six months because of the...
by Amruth Sundarkumar | Feb 3, 2022 | Corporates, India
Tata Motors reported a quarterly net loss of INR 15.2bn ($203mn) for Q4 2021, vs. a profit of INR 29.1bn ($390mn) a year earlier. Consolidated revenues stood at INR 722.3bn ($9.7bn), down 4.5% YoY. Jaguar Land Rover (JLR) said that its sales remain constrained by chip...
by bondevalue | May 19, 2021 | High Yield Bonds, India
Tata Motors reported a surprise consolidated quarterly net loss of INR 76bn ($1.04bn) in their Q4 results as consensus estimated a profit of INR 27bn ($380mn). The company incurred a cash write down on assets worth INR 96bn ($1.31bn) and restructuring costs of INR...
by bondevalue | Feb 16, 2021 | High Yield Bonds
Amid the declining demand for diesel vehicles, Jaguar Land Rover has decided to spend £2.5bn ($3.49bn) annually towards developing electric vehicles. The UK-based company under new CEO Thierry Bollore has unveiled its new global strategy termed as...
