Tata Motors-backed JLR recorded £5.0 billion revenue in Q1
Tue, Jul 27, 2021 12:49 PM

Tata Motors-backed JLR recorded £5.0 billion revenue in Q1

A Flip by Flipitnews
Get it on Google Play
Tata Motors-led Jaguar Land Rover posted revenue of £5.0 billion in Q1'FY22, 73.7% higher than Q1'FY21. The figures reflected a 72.6% YoY growth in wholesales to 84,442 vehicles. However, this was 30,000 units lower than planned due to semiconductor supply constraints. The production constraint resulted in a pre-tax loss of £110 million with an EBIT margin of (0.9)%.

More great flips

Kansai Nerolac Paints' net profit up 18.76% in Q4 FY24

Kansai Nerolac Paints' net profit up 18.76% in Q4 FY24

NEW DELHI: Kansai Nerolac Paints has reported a growth of 18.76 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 114.29 crore in Q4 FY24 as against Rs 96.24 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.The company's net consolidated total income stood at Rs 1,801.92 crore.

Open Flip
Birla Corporation's net profit increases by 127.59% in Q4 FY24

Birla Corporation's net profit increases by 127.59% in Q4 FY24

NEW DELHI: Birla Corporation (BCL) has reported a growth of 127.59 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 193.34 crore in Q4 FY24 as against Rs 84.95 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

Open Flip
Dalal Street Rollercoaster: Profit-Taking looms as volatility soars

Dalal Street Rollercoaster: Profit-Taking looms as volatility soars

In the past trading week, the markets traded in a much wider range. Over the past few days, we had seen the markets and the VIX inching higher, i.e., moving in the same direction. In the previous technical note, we had expressly mentioned this concern as instances of VIX and the Index rising higher simultaneously often end up showing a warning sign of an impending corrective move.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon