X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
TATA MOTORS Announces Quarterly Results (3QFY19); Net Profit Down 3887.3%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

TATA MOTORS Announces Quarterly Results (3QFY19); Net Profit Down 3887.3%
Mon, 11 Feb

TATA MOTORS has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

TATA MOTORS Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m741,561721,121770,0096.8%3.8%
Other incomeRs m1,8166,1725,818-5.7%220.3%
TurnoverRs m743,377727,293775,8276.7%4.4%
ExpensesRs m654,858658,544707,8947.5%8.1%
Gross profitRs m84,12457,274-218,025-480.7%-359.2%
DepreciationRs m55,70859,41264,3938.4%15.6%
InterestRs m12,47412,26915,68527.8%25.7%
Profit before taxRs m17,758-8,234-292,284-1745.9%
TaxRs m10,6762,719-24,052-984.6%-325.3%
Profit after taxRs m7,082-10,953-268,232-3887.3%
Gross profit margin%11.37.9-28.3
Effective tax rate%60.1-33.08.2
Net profit margin%1.0-1.5-34.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 3.8% on a year-on-year (YoY) basis. The expenses were up by 8.1% YoY during the same period.
  • The company's operating profit declined by 359.2% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 28.3% in 3QFY19 as against 11.3% in 3QFY18.
  • Depreciation charges increased by 15.6% and finance costs increased by 25.7% YoY, respectively.
  • Other income increased by 220.3% YoY during the quarter.
  • Net profit for the quarter declined by 3887.3% YoY. Net profit margins during the quarter declined from 1.0% in 3QFY18 to -34.6% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.5% QoQ during the same period.
  • The company's operating profit declined by 480.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 28.3% in 3QFY19 as against 7.9% in 2QFY18.
  • Net profit for the quarter declined by 2348.8% QoQ, while net profit margins declined from -1.5% in 2QFY18 to -34.6% in 3QFY19.

To see how TATA MOTORS has performed over the last eight quarters, please visit here.

TATA MOTORS Share Price Performance

Over the last one year, TATA MOTORS share price has moved up from Rs 369.2 to Rs 147.2, registering a Loss of Rs 222.0 or around 60.1%.

Meanwhile, the S&P BSE AUTO Index is trading at Rs 18,592.2 (down 1.9%). Over the last one year it has moved down from 25,044.2 to 18,592.2, a gain of 6,452 points (down 25.8%).

Overall, the S&P BSE SENSEX is up 5.7% over the year.

Current Valuations

At the current price of Rs 147.2, the price to book value (P/BV) ratio of TATA MOTORS stands at 0.4 times.

Equitymaster requests your view! Post a comment on "TATA MOTORS Announces Quarterly Results (3QFY19); Net Profit Down 3887.3%". Click here!

  

Related Views on News

TATA MOTORS 2017-18 Annual Report Analysis (Annual Result Update)

Jan 1, 2019 | Updated on Jan 1, 2019

Here's an analysis of the annual report of TATA MOTORS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of TATA MOTORS. Also includes updates on the valuation of TATA MOTORS.

TATA MOTORS Announces Quarterly Results (2QFY19); Net Profit Down 155.0% (Quarterly Result Update)

Nov 6, 2018 | Updated on Nov 6, 2018

For the quarter ended September 2018, TATA MOTORS has posted a net profit of Rs 11 bn (down 155.0% YoY). Sales on the other hand came in at Rs 721 bn (up 2.8% YoY). Read on for a complete analysis of TATA MOTORS's quarterly results.

TATA MOTORS Announces Quarterly Results (1QFY19); Net Profit Down 167.8% (Quarterly Result Update)

Aug 3, 2018 | Updated on Aug 3, 2018

For the quarter ended June 2018, TATA MOTORS has posted a net profit of Rs 22 bn (down 167.8% YoY). Sales on the other hand came in at Rs 671 bn (up 12.1% YoY). Read on for a complete analysis of TATA MOTORS's quarterly results.

Tata Motors Ltd: Another Disappointing Quarter, Management fails to Perform! (Quarterly Results Update - Detailed)

Aug 14, 2017

Tata Motors Ltd disappoints again for both India and JLR business. Management commentary indicates a slow year ahead.

Are Firms like Maruti & ONGC Sitting Ducks Against Disruption? (The 5 Minute Wrapup)

May 23, 2017

Are blue chips like Maruti and ONGC safe from the forces of disruption?

More Views on News

Most Popular

5 Fundamentally Strong Stocks to Pick for Trading Today(Profit Hunter)

Mar 15, 2019

5 fundamentally strong stocks one could buy to trade in this market right now. Make sure you grab the chance this strongly rallying market offers.

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

My Top 3 Defence Stocks to Buy Now(The 5 Minute Wrapup)

Mar 19, 2019

The urgency to privatise India's defence sector to make India self-reliant was never as strong as it is today.

Sensex Nearing All-Time Highs: Stocks to Buy in this Rally(Profit Hunter)

Mar 14, 2019

The BSE Sensex is heating up. In just a few days, the benchmark index is up 3%. Is this rally sustainable? Richa finds out...

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

TATA MOTORS SHARE PRICE


Mar 22, 2019 10:15 AM

TRACK TATA MOTORS

  • Track your investment in TATA MOTORS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

TATA MOTORS - DONGFENG MOTOR COMPARISON

COMPARE TATA MOTORS WITH

MARKET STATS