JLR parent Tata Motors flags margin pressure from rising commodity costs - Reuters
JLR parent Tata Motors flags margin pressure from rising commodity costs Reuters
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxQNW0tSXJYN1FrZzBHNGdCRlpvNGN4XzloaTlNMVppdTZ0MXJ2TTJUX3dhUkdmQUJOSS1sUlJwT1NXdWhCLUt0bFhfVVJ6cVBuVVZzcXRPdU56S3VEVGM0TXVwTklVU1ViUG1FdDloYjRQbktrc0pjUUNjNXN0WS11UkExWTRZUTFiWFRhT1RzTjJ4aERxcTJlaDR1SlVEcTlLcHE5NkZrS3c4a3ZUNWtaVDFtaw?oc=5" target="_blank">JLR parent Tata Motors flags margin pressure from rising commodity costs</a> <font color="#6f6f6f">Reuters</font>
Tata Motors Passenger Vehicles warns that rising commodity costs, exacerbated by the Iran war, will pressure margins, prompting cost-cutting and a focus on more profitable high-end vehicles.
Tata Motors Passenger Vehicles warns that rising commodity costs, exacerbated by the Iran war, will pressure margins, prompting cost-cutting and a focus on more profitable high-end vehicles.
Tata Motors reported a 67% year-on-year increase in consolidated net profit for Q4, but cautioned about commodity-linked margin pressure in the upcoming quarter and announced a 2% price hike to offset costs.
Tata Motors Commercial Vehicle division's stock fell 7% from the day's high as management indicated a potential trade-off between profitability and volumes amid rising raw material costs.
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