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ICICI Direct Report
Tata Motors Ltd. reported healthy Q4 FY22 results.
Tata Motors' consolidated total operating income for the quarter came in at Rs 78,439 crore, up 8.6% QoQ.
Reported Ebitda for Q4 FY22 was at Rs 11,494 crore with corresponding Ebitda margins at 14.7%, up 220 basis points QoQ.
Jaguar Land Rover wholesales at 89,148 units were up 7.3% QoQ with revenues flat QoQ at £4.8 billion. Margins were up 60 bps QoQ at 12.6%.
JLR generated positive free cash flow of £340 million.
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