Tata Motors Limited
NSE Symbol TATAMOTORS
UPDATE DATED 04 10 2010
The last update of TATA MOTORS was on 1st,sep,2010 under the following link : Control+click to follow the Link:
Sales in July, August and September have recorded impressive growth. The results for Q1 are given in brief below. Q1 results, specially the consolidated results indicate a smart turnaround in the European Operations of the company. Since then, the progress has been continuing at a smart pace. Now, TATA Motors has gone in for a QIP Issue, which is expected to significantly reduce its Debt burden, while not adding significantly to the Equity. This will augur well for the company’s profits in future – from Q3 onwards.
It is also still on the acquisition mode wherever an opportunity presents. Its notice to NSE dt 4th October says - "TATA MOTORS ACQUIRES 80% STAKE IN TRILIX SRL., ITALY".
All in all, TATA Motors is becoming better and better for the Investors and other stakeholders with each passing day.
SALES FIGURES
Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in September 2010 were 64,668 vehicles, a growth of 23% over 52,513 vehicles sold in September 2009. The company’s domestic sales of Tata commercial and passenger vehicles for September 2010 were 59,611 nos., a 20% growth over 49,650 nos. sold in September last year.
Cumulative sales (including exports) for the company for the fiscal are 380,113 nos., a growth of 39% over 273,491 nos. sold last year.
Commercial Vehicles
The company’s sales of commercial vehicles in September 2010 in the domestic market were 35,734 nos., a 14% growth compared to 31,474 vehicles sold in September last year. LCV sales were 19,097 nos., a growth of 3% over September last year. M&HCV sales stood at 16,637 nos., a growth of 28% over September last year.
Cumulative sales of commercial vehicles in the domestic market for the fiscal are 204,242 nos., a growth of 26% over last year. Cumulative LCV sales are 115,342 nos., a growth of 15% over last year, while M&HCV sales stood at 88,900 nos., a growth of 45% over last year.
Passenger Vehicles
The passenger vehicles business reported a total sale and distribution offtake of 25,527 nos. (23,877 Tata + 1,650 Fiat) in the domestic market in September 2010, a 23% increase compared to 20,752 nos. (18,176 Tata + 2,576 Fiat) in September last year. Sales of Tata passenger vehicles are 23,877 nos., a growth of 31% over September 2009. Sales of the Tata Nano were 5,520 nos., higher by 61% over September last year. The Indica range sales were 6,258 nos., lower by 37% over September last year. The Indigo range recorded sales of 8,783 nos., a growth of 248% over September last year. The Sumo/Safari range accounted for sales of 3,316 nos., higher by 40% over September last year.
Jaguar Land Rover sales continued their upward trend.
Cumulative sales and distribution offtake of passenger vehicles in the domestic market for the fiscal are 161,036 nos. (149,173 Tata + 11,863 Fiat), against 111,470 nos. (98,568 Tata + 12,902 Fiat) last year, a growth of 44%.
Cumulative sales of Tata passenger vehicles were 149,173 nos., a 51% increase compared to 98,568 nos., in September last year. Cumulative sales of the Nano are 37,402 nos., a 345% increase compared to 8,396 nos., in September last year. Cumulative sales of the Indica range are 48,902 nos., lower by 14%. Cumulative sales of the Indigo family are 43,771 nos., higher by 149%. Cumulative sales of the Sumo/Safari range are 19,098 nos., higher by 22%.
Exports
The company's sales from exports at 5,057 vehicles in September 2010 registered a growth of 77% compared to 2,863 vehicles in September last year. The cumulative sales from exports for the fiscal at 26,698 nos. are higher by 102% over 13,223 nos. in the same period last year.
The company's sales from exports at 5,057 vehicles in September 2010 registered a growth of 77% compared to 2,863 vehicles in September last year. The cumulative sales from exports for the fiscal at 26,698 nos. are higher by 102% over 13,223 nos. in the same period last year.
Q1 FY 2011 RESULTS :
Consolidated Results for the quarter ended on 30-JUN-2010 were as follows:
Net Sales of Rs. 2687608 lacs for quarter ending on 30-JUN-2010 against Rs. 1628960 lacs for the quarter ending on 30-JUN-2009.
Net Profit / (Loss) of Rs. 198873 lacs for the quarter ending on 30-JUN-2010 against Rs. (32878) lacs for the quarter ending on 30-JUN-2009. As we can see, the European Operations have turned around in a very handsome way and have been improving ever since.
Standalone Results for the quarter ended on 30-JUN-2010 was as follows:
Net Sales of Rs. 1035187 lacs for quarter ending on 30-JUN-2010 against Rs. 635020 lacs for the quarter ending on 30-JUN-2009.
Net Profit / (Loss) of Rs. 39572 lacs for the quarter ending on 30-JUN-2010 against Rs. 51376 lacs for the quarter ending on 30-JUN-2009.
ANNOUNCEMENTS
TO THE NSE
04-10-2010 Tata Motors Limited has informed the Exchange regarding a press release dated October 4, 2010, titled "TATA MOTORS ACQUIRES 80% STAKE IN TRILIX SRL., ITALY".
04-10-2010 Tata Motors Limited has informed the Exchange regarding a press release dated October 04, 2010, titled "Tata Motors Limited-Increase in QIP Issue Size".
04-10-2010 Tata Motors Limited has informed the Exchange regarding a press release dated October 01, 2010, titled "Tata Motors Limited launches QIP Issue".
30-09-2010 Tata Motors Limited has informed the Exchange regarding a Press Release dated September 30, 2010, titled "Tata Motors' Annual Report in Form 20-F".
10-08-2010 Tata Motors Limited has informed the Exchange regarding a Press Release dated August 10, 2010 titled "Consolidated Net Revenue grows by 64.2% in Q1 FY 2010-11".
10-08-2010 Tata Motors Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 2687608 lacs for quarter ending on 30-JUN-2010 against Rs. 1628960 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 198873 lacs for the quarter ending on 30-JUN-2010 against Rs. (32878) lacs for the quarter ending on 30-JUN-2009.
10-08-2010 Tata Motors Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 1035187 lacs for quarter ending on 30-JUN-2010 against Rs. 635020 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 39572 lacs for the quarter ending on 30-JUN-2010 against Rs. 51376 lacs for the quarter ending on 30-JUN-2009.
07-07-2010 Tata Motors Limited has submitted to the Exchange a copy of the Notice dated June 28, 2010 alongwith the Explanatory Statement seeking the consent of the shareholders by a postal ballot for the following the items: (1) Raising of additional long term resources. (2) Issuance of 'A' ordinary shares on exercise of conversion option by holders of Zero Coupon Convertible Alternative Reference Securities (CARS). (3) Increase in borrowing limits. (4) Creation of Charges on the Company's Properties.(5) Payment of advisory fees to Mr Ravi Kant, Vice Chairman.
27-05-2010 Tata Motors Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 27, 2010 decided that the Annual General Meeting of the Company would be held on September 01, 2010. -
27-05-2010 Tata Motors Limited has informed the Exchange regarding a press release dated May 27, 2010 titled " Consolidated Net Revenue grows by 30.5% in FY10 over previous year to Rs. 92,519 crores Consolidated Profit of Rs. 2,571 crores (Loss of Rs. 2505.25 crores in the previous year".
27-05-2010 Tata Motors Limited has informed the Exchange that at the Board Meeting held on May 27, 2010, the Board of Directors have recommended a dividend of Rs. 15/- per share on Ordinary Shares for FY 2009-10 and a dividend of Rs. 15.50 per share on 'A' Ordinary Shares for FY 2009-10 (Rs. 6/- per share on Ordinary Shares and Rs. 6.50/- per share on 'A' Ordinary Shares for FY 2008-09).
27-05-2010 Tata Motors Limited has informed the Exchange regarding the standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 3537378 lacs for year ending on 31-MAR-2010 against Rs. 2535408 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 224008 lacs for the year ending on 31-MAR-2010 against Rs. 100126 lacs for the year ending on 31-MAR-2009.
27-05-2010 Tata Motors Limited has informed the Exchange regarding the consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 9189345 lacs for year ending on 31-MAR-2010 against Rs. 7037040 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 257106 lacs for the year ending on 31-MAR-2010 against Rs. (250525) lacs for the year ending on 31-MAR-2009.
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