Tata Motors Ltd, India’s largest automaker by sales revenue, will report its March quarter (Q4 FY19) results on Monday amid expectations that dip in volumes may drag the company's consolidated revenues and earnings.
"Update on China business will be key," analysts said.
According to Reliance Securities, Tata Motors' standalone volume is expected to fall by 6 per cent on a year-on-year (YoY) basis, while Jaguar Land Rover (JLR) volume is expected to fall by 12 per cent YoY.
The brokerage expects consolidated revenue to dip 1.8 per cent at Rs 89,643 crore. The company had posted Rs 91,279.1 crore as