Tata Motors Q3 preview: Automaker may return to profit on better JLR show

In the previous fiscal quarter, the automaker had reported net revenue of Rs 77,001 crore and a staggering loss of Rs 26,961 crore

Tata Motors is expected to report a stable performance for the quarter ending December, 2019 when it announces its numbers today, with JLR's strong performance and rupee depreciation lifting the company back into the black. Consolidated revenue, on the other hand, might dip primarily due to weakness in the India business.

As per the monthly sales data, Tata Motors' domestic sales volume (MHCV + PV) declined 25 per cent year-on-year (YoY) to 1.3 lakh units while JLR volumes are expected at 1.43 lakh units, up 1.3 per cent YoY. Analysts at ICICI Securities expect Tata Motors to report 2.3 per