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Daily Brief Credit: Tata Motors – Earnings Flash – FY 2023-24 Results – Lucror Analytics and more

In today’s briefing:

  • Tata Motors – Earnings Flash – FY 2023-24 Results – Lucror Analytics


Tata Motors – Earnings Flash – FY 2023-24 Results – Lucror Analytics

By Trung Nguyen

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.


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