Tata Motors, known for its diverse portfolio of cars, trucks, buses, and vans, as well as its luxury vehicle arm, Jaguar Land Rover, and its South Korean subsidiary, Tata Daewoo, is set to announce its Q3FY25 financial results today (January 29). As the company gears up for the earnings release, Tata Motors share price is trading on a firm note today,
Tata Motors Q3: 4 things to know ahead of earnings
Ahead of the Q3 results, let’s take a look at 4 key factors to keep in mind about the Tata Motors share price and growth plans-
Tata Motors Q3FY25 earnings announcement: Date, time, and key details
Tata Motors is scheduled to announce its Q3 results today, January 29. A board meeting will be held to review the audited standalone and unaudited consolidated financial results for the third quarter and nine months ending December 31, 2024.
The company made this announcement through an exchange filing, “We hereby inform you that a Meeting of the Board of Directors of Tata Motors Limited (‘the Company’) is scheduled to be held on Wednesday, January 29, 2025, inter alia, to consider and approve the Audited Standalone Financial Results and Unaudited Consolidated Financial Results (with Limited Review) for the third quarter and nine months ended December 31, 2024.”
Following the results, Tata Motors has scheduled an investor call at 6:30 PM today, where the company’s senior management will discuss the results. The call will conclude at 8:00 PM.
Tata Motors Q3FY25 earnings: Key launches this year
This is an important year for Tata Motors. The company had earlier announced plans of launching the electric version of the Harrier. The Harrier EV is likely to be launched in March with an estimated price exceeding Rs 25 lakh. That apart the other key launches this year include, Tata Sierra ICE and EV variants.
Tata Motors Stock Performance Vs Nifty 50
Tata Motors has a market capitalisation of Rs 2.72 lakh crore. Its 52-week high was Rs 1,179.00, and the 52-week low was Rs 707.50. Currently, the stock is 4.44% away from its 52-week low, as of the latest.
Over the past 5 days, Tata Motors share price have dropped by 0.50%, while the stock has gained 0.72% over the past month. However, the share price of Tata Motors has seen a steep decline over the last 6 months, down 34.25%, and a 12.13% drop compared to the past year.
In comparison to the benchmark index, the Nifty 50 share price saw a slight dip of 0.08% in the past five days. Over the past month, it has decreased by 2.35%, losing 555.65 points. The index has seen a more substantial drop of 7.03% in the last six months, losing 1,747 points. However, in the last year, the Nifty 50 has increased by 6.22%.
Tata Motors Q2FY25 performance
In the Q2FY25 results, Tata Motors reported a slight dip in both income and net profit. The company’s consolidated total income decreased by around 3.5%, from Rs 1,06,759 crore in Q2FY24 to Rs 1,03,016 crore in Q2FY25. Net profit also saw a decline of 10% year-on-year, dropping from Rs 3,832 crore in Q2FY24 to Rs 3,450 crore in Q2FY25.
Similarly, the standalone results mirrored this trend, with a decline in total income by 17.2%, from Rs 19,122 crore in Q2FY24 to Rs 15,812 crore in Q2FY25.