Tata Motors Q2 preview: Up to Rs 3,212 crore loss seen amid JLR's struggles

At the bourses, shares of Tata Motors surged 32.3 per cent during the September quarter as compared to 9 per cent gain in the S&P BSE Sensex, ACE Equity data show

Tata Motors is scheduled to release its September quarter results on Tuesday and most analysts expect it to report muted numbers in year-on-year (YoY) terms, largely due to fall in JLR volume. On the other hand, sequential improvement is expected to be 'substantial' while standalone margins may turn positive.

According to the company's monthly sales data, Tata Motors sold 1.1 lakh units in Q2FY21, up 5 per cent as compared to 1.05 lakh units sold in the corresponding quarter last year. Sequentially, volumes grew 341 per cent for Tata Motors from 25,047 reported in Q1FY21.

At the bourses, shares of Tata Motors