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TATA Motors: loses 27 thousand crores in Q3, JLR spoils balance sheet

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TATA Motors

Tata Motors Q3 Result Update: Tata Motors Ltd has been losing the third consecutive quarter. In the third quarter, the company’s loss reached Rs. 26,993 crores. In the same period a year ago, the company had a profit of Rs 1077 crore. The company has given information on quarterly results to the stock market. According to Bloomberg’s report, the company has suffered a lot due to frequent demand in the luxury car unit Jaguar Land Rover i.e. JLR. Explain that JLR’s share in the company’s total revenues is 72%.

Revenue up 5 percent

In the third quarter, the revenue of Tata Motors rose by 5 percent to Rs 77,000 crore.
– Operating profit fell 20 percent to Rs 6381 crore.
Margin 260 basis point decreased to 8.3 percent.
-The company lost nearly Rs 27,838 crore in JLR, resulting in a total loss of Rs 27,000 crore in the third quarter.

Bad for JLR 2018

For the JLR, this whole year has passed poorly. 2018 for JLR did not prove to be better because of the decrease in demand in the market, uncertainty about breakage and decrease in diesel vehicles demand. At the same time, the company was affected by the closure of a plant in the UK. In April, the company also announced to cut production.

new Delhi. During the quarter ending December 2018, Tata Motors suffered a huge loss of Rs 26,960.80 crore, while the company had a net profit of Rs 1,214.60 crore in the same period a year ago. The company has suffered a setback due to its luxury car unit Jaguar Land Rover because JLR is facing constant difficulties in the global market. 

JLR Unit Losses Rs 27838 Crore

The company told through stock exchange filing that it was the biggest blow to the loss of 27,838 crore rupees (3.1 billion pounds) in its British arm JLR. However, during the third quarter of FY 2018-19, the company’s total income increased by 4.36 percent to Rs 77,582.71 crore.

617 crores profit on standalone basis

On standalone basis, the company recorded a profit of Rs 617.62 crore during the October-December quarter, compared to Rs 211.59 crore in the same period a year ago. Standalone income of Tata Motors rose to Rs 16,477.07 crore, compared to Rs 16,186.15 crore in the same period a year ago. However, JLR’s revenues dropped 1 percent to $ 6.2 billion.

Home Business: Chandrasekharan

Tata Group chairman N Chandrasekaran said that the company’s domestic business has been consistently strong and market share is also increasing with profits in growth. He said, “Turnaround 2.0 strategy is working in the right direction and the company is continuously working on a product launch. This is essential for sustainable growth. ‘

The Chinese market remains difficult

Chandrasekharan said that JLR is facing constant challenges in its key market China. He said, “The company has made many important decisions for competing, cutting costs and improving the cash flow. The company is constantly investing in current product and leading technology.

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Jammu Kashmir Rajouri Terrorist attack 4 dead 6 injured minorities…

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Rajouri terrorist attack: Two armed terrorists fired indiscriminately around 7:00 p.m. this Sunday in the Upper Dangri area of ​​Rajouri, Kashmir, killing four people. Six others were injured in the attack. According to eyewitnesses, both terrorists attacked 3 minority houses near the temple in the Upper Dangri area, 8 km from Rajouri.

Eyewitnesses say that the terrorists allegedly attacked three houses here after seeing the Aadhaar card. Those killed in the attack have been identified as Pritam Sharma, his son Ashish Kumar, Deepak Kumar and Sheetal Kumar.

2 wounded were airlifted

Of the 6 people injured in this terrorist attack, 2 have been airlifted to Jammu. Several political and social organizations have called a bandh on Monday in Rajouri to protest against the attack. On the other hand, the security forces have carried out an exhaustive search operation in the area since Sunday night to arrest the terrorists.

condemned political parties

Where the Bharatiya Janata Party has resolved to eliminate terrorism from the Union Territory. At the same time, Congress called the incident “very serious” and exposed the government’s claims to improve the security situation in the Union Territory.

Congressional goal of government

The Congress spokesman said: “Congress strongly condemns the terrorist attack in Rajouri. The incident is very serious and shocking. It exposes the government’s claims to improve the security situation in the Union Territory.” The spokesman further said that the government has failed to protect minorities, first in Kashmir and now in Jammu.

Read This Also: TDP Supremo Chandrababu Naidu Expressed Surprise At Roadshow Stampede, Announced Rs 5 Lakh To Families Of Dead

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Farmers can earn thousands of rupees by growing poplars

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poplarsAgriculture is the economic backbone of the country. A large population is associated with this profession to carry out their daily lives. Wheat, corn, rice, oilseeds, legumes are the traditional crops. Farmers earn by planting them. Farmers also earn lakhs of rupees from horticultural crops. Experts say that in addition to traditional crops, farmers can earn thousands of rupees in profit. Today we are going to talk about such a crop. The cultivation of popular trees has increased in the country. People are demanding this not only in the country but in the world. The wood of this tree is sold at a high price in the market.

Popular needs that land

It is necessary to have a fertile soil for poplar plants. Planting trees in agriculture with organic elements improves agriculture. Poplar plants should not be planted in soil that is alkaline in nature. The pH value of the soil should be between 5.8 and 8.5. The temperature should be 18 to 20 degrees for planting. Popular trees grow well at a maximum temperature of 45 degrees and a minimum of 10 degrees. Tree development is best in a minimum temperature of 10 degrees and a maximum temperature of 45 degrees.

Plant a popular tree like this

Poplars have deep roots. Deep plowing is fine for this. Leaving water in the field after plowing. After getting out of the water, plow the field two or three times with a rotavator. After this, level the field with the machine. There must be a distance of 5 meters while preparing the line on the field. Transplant the plants in rows 5-6 meters apart into prepared 1-meter-deep holes. Popular trees are good from January to February. The period between February 15 and March 10 is best for transplanting poplars.

You can earn 10 lakh rupees on one hectare

Poplar saplings are not very expensive. But when it comes to selling, its price is very high. Experts say that the price of wood from popular trees is 700 to 800 rupees per quintal. 250 trees can be planted on one hectare. The average height of a tree is about 80 feet. One can earn up to Rs 8-10 lakh from a popular tree in 1 hectare. In the country, a large number of farmers from Bijnor of Uttar Pradesh are involved in the cultivation of folk. Popular countries and abroad can be shipped from here.

Disclaimer: Some of the information provided in the news is based on media reports. Brother farmers, before implementing any suggestion, consult the expert in question.

Also read this: foreigners are also crazy about this purple potato… Demand is increasing rapidly, you will be surprised to learn about the benefits.

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The first match of the series of 3 T20 Match between India and Sri Lanka with…

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IND vs SL 1st T20 Playing XI & Pitch Report: 3 series of T20 matches will be played between India and Sri Lanka. After this T20 series, an ODI series will be played between the two teams. However, the first match of the 3 T20 series will be played on Tuesday at the Wankhede Stadium in Mumbai. The captain of the Indian team in this series will be the versatile Hardik Pandya. Earlier, the India team had to face defeat in the semi-final match of the T20 World Cup. Apart from this, Sri Lanka’s performance in this tournament was also disappointing.

Will Wankhede’s wicket be friendly?

The first T20 match of the series between India and Sri Lanka will be played at Wankhede Stadium in Mumbai. Speaking of the Wankhede wicket, it’s a great wicket to bat at. After landing on this pitch, the ball comes to bat fast. Because of this, he is easy to hit. Apart from this though, there is help for the bowlers at the Wankhede wicket. Especially, fast bowlers get help at the wicket from Wankhede. Apart from this, fast bowlers get swing and good movement.

Possible XI of Team India for the first match of T20-

Ishan Kishan (week), Shubman Gill, Suryakumar Yadav, Deepak Hooda, Hardik Pandya (c), Sanju Samson, Washington Sundar, Harshal Patel, Yuzvendra Chahal, Arshdeep Singh and Umran Malik

Sri Lanka’s possible XI for the first match of T20-

Pathum Nissanka, Kusal Mendis (week), Avishka Fernando, Charit Aslanka, Bhanuka Rajapaksa, Dasun Shanaka (c), Wanindu Hasaranga, Chamika Karunaratne, Mahesh Theekshana, Lahiru Kumara and Dilshan Madushanka

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