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...
