Passenger vehicle (PV) revenues also fell by 4.3 per cent, but EBITDA margins improved by 120 basis points to 7.8 per cent, driven by cost controls and the PLI incentive ...
Tata Motors' Q3 performance struggled under margin pressure and weak earnings, impacted by a demand slowdown, especially in China, prompting brokerages to trim price targets to as low as Rs 660.