Tata Motors Q1 preview: Muted performance seen amid decline in volumes

Market participants should focus on the current demand trends for JLR and outlook for key markets, update on cost-cutting initiatives at JLR, and demand trend in domestic markets

Tata Motors is scheduled to announce its June quarter earnings on Thursday, and analysts expect the decrease in volume across all segments to impact both the company's revenue and bottom-line. They see a 28-30 per cent year-on-year (y-o-y) fall in net profit and 13-16 per cent dip in revenue for the period under review.

The company's performance may be impacted by the multiple headwinds faced by the entire Indian auto sector. While the weakness in overall consumer demand and funding related issues are likely to impact sales, earnings before interest, tax, depreciation and amortisation (EBITDA) margin is likely to be