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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 5.68 % in the past year, decrease in net sales/revenue by -9.95 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 95.3 %. Marginal increase in other income during this quarter, up by 7.95%.
- Profit over the Year and quarter: Significant improvement in profitability for Tata Motors Ltd.. Notable increase of 72.45 % in net profit Year to Year, Tata Motors Ltd.’s profitability dropped by -67.53 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 73.77 % Year to Year. EPS decreased by -68.05 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 102236.08 Cr | Rs. 119986.31 Cr | Rs. 108048 Cr | -9.95 % | + 5.68 % |
Expenses | Rs. 89018.36 Cr | Rs. 102851 Cr | Rs. 92263 Cr | -10.29 % | + 3.64 % |
Operating Profit | Rs. 13217.72 Cr | Rs. 17135.31 Cr | Rs. 15785 Cr | -7.88 % | + 19.42 % |
OPM % | 12.93 % | 14.28 % | 14.61 % | + 0.33 % | + 1.68 % |
Other Income | Rs. 894.51 Cr | Rs. 1618.3 Cr | Rs. 1747 Cr | + 7.95 % | + 95.3 % |
Interest | Rs. 2615.39 Cr | Rs. 2233.77 Cr | Rs. 2088 Cr | -6.53 % | -20.16 % |
Depreciation | Rs. 6633.18 Cr | Rs. 7150.53 Cr | Rs. 6574 Cr | -8.06 % | -0.89 % |
Profit before tax | Rs. 4863.66 Cr | Rs. 9369.31 Cr | Rs. 8870 Cr | -5.33 % | + 82.37 % |
Tax % | 33.59 % | 89.44 % | 36.36 % | -53.08 % | + 2.77 % |
Net Profit | Rs. 3300.65 Cr | Rs. 17528.59 Cr | Rs. 5692 Cr | -67.53 % | + 72.45 % |
EPS in Rs | Rs. 8.34 | Rs. 45.36 | Rs. 14.5 | -68.03 % | + 73.86 % |
Today, we’re looking at Tata Motors Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.68 %. However, it did see a marginal slip of -9.95 % from the previous quarter. Expenses decreased slightly by -10.29 % quarter-on-quarter, aligning with the annual rise of 3.64 %. Operating profit, while up 19.42 % compared to last year, faced a quarter-on-quarter dip of -7.88 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.68 %, but an expansion of 0.33 % sequentially. Other income rose by 7.95 % compared to the last quarter, despite an annual growth of 95.3 %. Interest expenses dropped significantly by -6.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20.16 %. Depreciation costs fell by -8.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.89 %. Profit before tax grew annually by 82.37 % but saw a reduction from the preceding quarter by -5.33 %.
Tax expenses as a percentage of profits increased slightly by 2.77 % compared to last year, with a more notable quarter-on-quarter decrease of -53.08 %. Net profit rose by 72.45 % year-on-year but witnessed a -67.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 73.86 % but a quarterly fall of -68.03 %. In summary, Tata Motors Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 102236.08 Cr | Rs. 119986.31 Cr | Rs. 108048 Cr | -9.95 % | + 5.68 % |
Expenses | Rs. 89018.36 Cr | Rs. 102851 Cr | Rs. 92263 Cr | -10.29 % | + 3.64 % |
Operating Profit | Rs. 13217.72 Cr | Rs. 17135.31 Cr | Rs. 15785 Cr | -7.88 % | + 19.42 % |
Net Profit | Rs. 3300.65 Cr | Rs. 17528.59 Cr | Rs. 5692 Cr | -67.53 % | + 72.45 % |
EPS in Rs | Rs. 8.34 | Rs. 45.36 | Rs. 14.5 | -68.03 % | + 73.86 % |
In reviewing Tata Motors Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.68 % year-on-year growth, although there was a slight dip of -9.95 % from the previous quarter. Expenses rose by 3.64 % compared to the previous year, with a decrease of -10.29 % quarter-on-quarter. Operating Profit surged by 19.42 % annually, and saw a -7.88 % decrease from the last quarter.
Net Profit showed yearly increase of 72.45 %, and experienced a -67.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 73.86 % annually, however dipped by -68.03 % compared to the last quarter. In essence, while Tata Motors Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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