Tata Motors dropped over 8% and touched monthly low of Rs251.80, after the company announces Q4 results
Tata Motors has announced the following results for the quarter & year ended March 31, 2012:
Standalone Results
The Audited results for the Quarter ended March 31, 2012
The net profit of the company fell by 1.40% to Rs565.26 crore for the quarter ended March 31, 2012 as compared to Rs573.34 crore for the quarter ended March 31, 2011.
The total income of the company increased by 14.45% to Rs16525.01 crore for the quarter ended March 31, 2012 from Rs14438.16 crore for the quarter ended March 31, 2011.
The Audited results for the Year ended March 31, 2012
The net profit of the company dropped by 31.43% to Rs1242.23 crore for the year ended March 31, 2012 as compared to Rs1811.82 crore for the year ended March 31, 2011.
The total income of the company increased by 15.51% to Rs54880.64 crore for the year ended March 31, 2012from Rs47511.41 crore for the year ended March 31, 2011.
Consolidated Results
The unedited consolidated results for the Quarter ended March 31, 2012
The net profit of the group surged by 136.36% to Rs6234.00 crore for the quarter ended March 31, 2012 as compared to Rs2637.52 crore for the quarter ended March 31, 2011.
The total income of the group increased by 44.14% to Rs51066.48 crore for the quarter ended March 31, 2012from Rs35427.52 crore for the quarter ended March 31, 2011.
The Audited consolidated results for the Year ended March 31, 2012
The net profit of the group advanced by 45.75% to Rs13516.50 crore for the year ended March 31, 2012 as compared to Rs9273.62 crore for the year ended March 31, 2011.
The total income of the group increased by 35.70% to Rs166316.26 crore for the year ended March 31, 2012 from Rs122557.38 crore for the year ended March 31, 2011.
Also, UBS cut its 12-month price target for Tata Motors to Rs270 from Rs320, maintaining its 'sell' rating after the auto maker's weaker-than-expected operating earnings.
UBS believes volume growth for unit Jaguar Land Rover could 'incrementally disappoint.'
Bank adds domestic sales growth remains at risk due to India's weak economic outlook and increasing competition.
....more info
Tata Motors has announced the following results for the quarter & year ended March 31, 2012:
Standalone Results
The Audited results for the Quarter ended March 31, 2012
The net profit of the company fell by 1.40% to Rs565.26 crore for the quarter ended March 31, 2012 as compared to Rs573.34 crore for the quarter ended March 31, 2011.
The total income of the company increased by 14.45% to Rs16525.01 crore for the quarter ended March 31, 2012 from Rs14438.16 crore for the quarter ended March 31, 2011.
The Audited results for the Year ended March 31, 2012
The net profit of the company dropped by 31.43% to Rs1242.23 crore for the year ended March 31, 2012 as compared to Rs1811.82 crore for the year ended March 31, 2011.
The total income of the company increased by 15.51% to Rs54880.64 crore for the year ended March 31, 2012from Rs47511.41 crore for the year ended March 31, 2011.
Consolidated Results
The unedited consolidated results for the Quarter ended March 31, 2012
The net profit of the group surged by 136.36% to Rs6234.00 crore for the quarter ended March 31, 2012 as compared to Rs2637.52 crore for the quarter ended March 31, 2011.
The total income of the group increased by 44.14% to Rs51066.48 crore for the quarter ended March 31, 2012from Rs35427.52 crore for the quarter ended March 31, 2011.
The Audited consolidated results for the Year ended March 31, 2012
The net profit of the group advanced by 45.75% to Rs13516.50 crore for the year ended March 31, 2012 as compared to Rs9273.62 crore for the year ended March 31, 2011.
The total income of the group increased by 35.70% to Rs166316.26 crore for the year ended March 31, 2012 from Rs122557.38 crore for the year ended March 31, 2011.
Also, UBS cut its 12-month price target for Tata Motors to Rs270 from Rs320, maintaining its 'sell' rating after the auto maker's weaker-than-expected operating earnings.
UBS believes volume growth for unit Jaguar Land Rover could 'incrementally disappoint.'
Bank adds domestic sales growth remains at risk due to India's weak economic outlook and increasing competition.
....more info