Home / Companies / News / Covid-related disruptions had no impact on Jaguar Land Rover: Tata Motors

Covid-related disruptions had no impact on Jaguar Land Rover: Tata Motors

Reassurance comforted investors; Stock surged by 3.96 per cent

Premium

The impact of the new coronavirus variant continued to be felt across the UK prompting the health authorities to place more regions under the toughest restrictions

Shally Seth Mohile Mumbai

2 min read Last Updated : Dec 24 2020 | 10:42 PM IST

Tata Motors said on Thursday that the Covid-19 disruptions facing Jaguar Land Rover (JLR), its UK subsidiary, have had no impact on the company’s business. It assured that the firm remains on track with its guidance on cash flows and profitability.

“JLR has comprehensive contingency planning and actions in place to respond to ongoing Covid challenges and disruption. This is subject to constant review,” the firm said in a notification to the stock exchanges. Recent issues at UK ports have had no immediate impact for JLR, the firm said.

“Our guidance of improved growth, profitability and cash flows in the

Topics : Coronavirus Tata Motors JLR Tata Motors

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in