What to expect from December quarter results of Tata Motors today

According to the monthly sales data, Tata Motors sold 1.5 lakh units in the domestic markets, up 24 per cent on a year-on-year (YoY) basis, during the quarter under review

Auto major Tata Motors is set to announce its December quarter results of FY21 (Q3FY21) on Friday, and analysts, largely, expect the company's top as well as bottom-line to grow, with cost-reduction and better mix aiding JLR's performance while losses may narrow for the standalone business. On a consolidated basis, the company had reported revenue and profit of Rs 71,676.1 crore and Rs 1,574.5 crore, respectively, in the year-ago quarter.

According to the monthly sales data, Tata Motors sold 1.5 lakh units in the domestic markets, up 24 per cent on a year-on-year (YoY) basis, while sequentially, volumes grew 41