Auto major Tata Motors Thursday reported its biggest ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar Land Rover. This is the third consecutive quarterly loss reported by the company, which had registered a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18..
Auto major Tata Motors Thursday reported its biggest ever quarterly net loss of Rs 26,960.8 crore for the third quarter ended December 31, hit by one-time asset impairment in its struggling British arm Jaguar Land Rover. This is the third consecutive quarterly loss reported by the company, which had registered a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18.
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Homegrown auto major Tata Motors on Thursday said its losses doubled to Rs 3,679.66 crore in the June quarter against a loss of Rs 1,862.57 crore last year. Analysts in an ETNOW poll had projected a hit of Rs 1,890 crore. The firm’s British luxury arm Jaguar Land Rover posted a pre-tax loss of 395 million pounds. The group’s overall revenue came in at Rs 60,830.16 crore, lower than Rs 65,956.78 crore in the same quarter last year. The sales number, however, was higher than ET NOW poll estimate of Rs 57,500 crore.
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Auto major Tata Motors on Friday posted a consolidated loss of Rs 216.56 crore for the quarter ended September 30 against a loss of Rs 1,048.80 crore in the same period last year. Analysts in an ET Now poll had projected a loss of Rs 1,500 crore. Consolidated revenue of the company declined 9.15 per cent to Rs 64,763.39 crore during the quarter under review against Rs 71,292.79 crore last year.
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IndiGo's parent InterGlobe Aviation saw its profit after tax zoom to Rs 1,203.1 crore for the three months ended June 30, 2019. This is the highest ever quarterly profit, company's CEO Ronojoy Dutta said. The company had reported a profit after tax of Rs 27.8 crore in the year-ago period, according to a filing to the stock exchanges on Friday. In the latest June quarter, revenue from operations jumped nearly 45 per cent to Rs 9,420 crore.
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रतन टाटा के निधन के बाद टाटा ट्रस्ट की कमान किसके हाथों में होगी….इस मुद्दे पर बरकरार सस्पेंस खत्म हो गया है...नोएल टाटा, टाटा ट्रस्ट के नए चेयरमैन होंगे, उन्हें सर्वसम्मति से अध्यक्ष चुन लिया गया है...मुंबई में टाटा ट्रस्ट की बैठक में यह फैसला हुआ है...नमक से लेकर हवाई सेवा तक देने वाले टाटा समूह से जुड़े सारे ट्रस्टों के के चेयरमैन अब नोएल टाटा होंगे.. फिलहाल, नोएल टाटा, सर दोराबजी के ट्रस्टी हैं… इसके साथ ही नोएल के कंधों पर अब टाटा समूह की जिम्मेदारी आ गई है….वे 100 देशों में फैले टाटा समूह के विशाल व्यापारिक साम्राज्य का नेतृत्व करेंगे, जिसकी कीमत 403 अरब डॉलर यानी 39 लाख करोड़ रुपये है… जिसके बाद सबके जहन में एक सवाल घूम रहा है... कि आखिर नोएल टाटा कौन है....चलिए जानते है कि आखि नोएल टाटा कौन है?...
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Who is Noel Tata: कौन हैं Tata Trusts के नए वारिस Noel Tata?, जिनके कंधों पर जिम्मेदारी | Ratan Tata
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फोर्ड मोटर और टाटा मोटर्स के बीच लड़ाई को आज भी बिजनेस स्कूल में खूब पढ़ाया जाता है, ये ऐसी लड़ाई थी जिसमें रतन टाटा की फोर्ट मोटर्स के मालिक बिल फोर्ड ने जमकर बेज्ज़ती की थी, और वजह थी साल 1998 में टाटा मोटर्स द्वारा ट्रक बिजनेस से कार बिजनेस में हाथ का आजमाया जाना, ये ऐसा दौर था जब फोर्ड मोटर के चेयरमैन बिल फोर्ड ने भारत की सबसे बड़ी औधोगिक हस्ती रतन टाटा को उसकी औकात दिखाने की कोशिश की थी ।
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Tata Motors Took Revenge From Ford Motors
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Telecom firm Vodafone Idea on Thursday reported a record loss of Rs 50,921 crore for the September quarter, as it made a provision for the Supreme Court’s ruling on payment of average gross revenue (AGR) dues, even as ongoing brutal pricing war continued to hurt. The company had posted a loss of Rs 4,947 crore in the year ago period.
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Escorts Motors based out of NCR region of India is involved in Tractor, Cranes and other agricultural equipments. The company last quarter ended on June performed well. Stock price is shooting up and gave fantastic result. Given the good monsoon, it is expected that Tractor sales will show higher growth in Haryana, Punjab, Rajasthan, NCR and UP. Company is also trying to fetch business from south and central india and in my opinion the stock will go for split of bonus. Please consult your financial advisor before investing.
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