Quarter ended Mar 31, 2024
Tata Tata
JLR Commercial Passengor Others* Consolidated
Vehicles Vehicles
Revenue from operations 82,988 21,590 14,431 978 119,986
Grant income / incentives 598 46 66 8 717
Expenses :
Cost of materials consumed (47,573) (15,138) (11,476) 401 (73,785)
Employee benefit expenses (8,766) (1,123) (527) (1,018) (11,434)
Other expenses (11,045) (2,416) (1,068) 185 (14,344)
Product development and engineering
expenses (2,612) (379) (368) 105 (3,254)
Exchange gain / (loss) (realized) (17) 9 (6) (1) (15)
EBITDA 13,574 2,589 1,052 657 17,872
Depreciation and amortization (5,967) (516) (634) (33) (7,151)
Profit / loss from equity accounted investees 70 - - 177 247
EBIT 7,676 2,073 418 800 10,968
Other income ( excl. grant income) 438 100 168 37 743
Finance cost (1,085) (197) (56) (894) (2,232)
Unrealized FX, Unrealized commodities (19) 7 3 (13) (22)
PBT (bei) (Incl share of JV and Associates) 7,010 1,984 533 (70) 9,457
PBT 7,010 1,906 533 (80) 9,369
PAT 15,244 2,022 394 (133) 17,529
EBITDA Margin 16.4% 12.0% 7.3% NA 14.9%
EBIT Margin 9.2% 9.6% 2.9% NA 9.1%
Year ended Mar 31, 2024
Tata Tata
JLR Commercial Passengor Others* Consolidated
Vehicles Vehicles
Revenue from operations 302,825 78,790 52,353 3,959 437,928
Grant income / incentives 2,354 242 332 43 2,971
Expenses :
Cost of materials consumed (176,325) (56,015) (42,526) 2,110 (272,756)
Employee benefit expenses (32,129) (4,555) (2,023) (3,780) (42,487)
Other expenses (38,892) (8,840) (3,694) (87) (51,513)
Product development and engineering
expenses (9,165) (1,111) (1,081) 398 (10,959)
Exchange gain / (loss) (realized) (452) 3 16 47 (387)
EBITDA 48,215 8,515 3,378 2,690 62,798
Depreciation and amortization (22,671) (2,036) (2,350) (213) (27,270)
Profit / loss from equity accounted investees 255 - - 445 700
EBIT 25,799 6,479 1,029 2,922 36,228
Other income ( excl. grant income) 1,724 267 686 302 2,979
Finance cost (4,885) (657) (285) (4,206) (10,034)
Unrealized FX, Unrealized commodities 25 14 (6) (274) (241)
PBT (bei) (Incl share of JV and Associates) 22,662 6,102 1,423 (1,256) 28,932
PBT 22,666 5,268 1,424 (1,403) 27,955
PAT 27,101 5,279 1,089 (1,663) 31,807
EBITDA Margin 15.9% 10.8% 6.5% NA 14.3%
EBIT Margin 8.5% 8.2% 2.0% NA 8.3%
