In today’s briefing:
- Tata Motors – Earnings Flash – FY 2023-24 Results – Lucror Analytics
Tata Motors – Earnings Flash – FY 2023-24 Results – Lucror Analytics
Tata Motors’ Q4 and FY 2023-24 results were excellent in our view, with record high revenue and earnings. Net debt plunged by such a large amount that the Indian business has turned net cash, and the group remained on track to be overall net automotive debt free in FY 2024-25.