Tata Motors Q4 net jumps more than 2-fold at Rs 6,234 cr

Discussion in 'Economy & Infrastructure' started by sehwag1830, May 29, 2012.

  1. sehwag1830

    sehwag1830 Tihar Jail Banned

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  3. Tolaha

    Tolaha Senior Member Senior Member

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    It's not really due to exports. A huge chunk of the revenue share for Tata Motors nowadays comes from Jaguar and Land Rover sales. These vehicles are all manufactured outside of India and sold outside as well. It wouldn't count as export.

    JLR is the shining star among Tata's major buys abroad.
     
  4. Ray

    Ray The Chairman Defence Professionals Moderator

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    Give them Air India and it will also become a Bluechip!
     
  5. sehwag1830

    sehwag1830 Tihar Jail Banned

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    Well you can consider them overseas subsidiary of Tata Motors.I am sure some Indian employees must also have been at JLR site.
     
  6. sehwag1830

    sehwag1830 Tihar Jail Banned

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    AIR INDIA is a lost cause.
     
  7. sky

    sky Regular Member

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    The profit's will be even higher next year as we have new model's coming on stream, we have the new range rover launch this year. Many many positives but some negative,we will have almost 2000 extra head's this year who will be paid 20% less then other full time workers. When the business will make over 1.5 billion pound's profit it seems harsh to have people doing the same job in the same factory earning 2 different salaries, i hope the union get there pay up to match our's before to long....
     
  8. Tolaha

    Tolaha Senior Member Senior Member

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    You work for JLR?
     
  9. sky

    sky Regular Member

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    I do yes and we are on a 2 week plant shut down so range rover when launched can have a uninterrupted run till Christmas...
     
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  10. Singh

    Singh Phat Cat Administrator

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    SomehowRR evoque doesn't appeal to the RR purist in me
     
  11. trackwhack

    trackwhack Tihar Jail Banned

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    If you think about it, Air India belongs to the Tata's
     
  12. Tolaha

    Tolaha Senior Member Senior Member

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    What's the reason for this differential salary, are they new joiners?
     
  13. sky

    sky Regular Member

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    The company in it's wisdom has decided to save money and realised that even paying 20% less for new starters will see them earn a good salary ,so that's what they did. We are worried there will come a time when the company will end the unfairness by freezing our pay while increasing theres until they catch up with us. That will only piss us off as they are trying to reduce there cost's at a time when profit's have increased by more then 50% per year ,over the last 3 years..
     
    Last edited: May 30, 2012
  14. Blackwater

    Blackwater Veteran Member Veteran Member

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    Jaguar Land Rover celebrates record £1.5bn profits

    WORKERS at Coventry-based Jaguar Land Rover are celebrating record profits and best ever sales.

    The car maker sold 314,433 vehicles in the last financial year – the most in the history of Jaguar and Land Rover.

    That meant revenue rose by a whopping 37 per cent to £13.5billion.

    The resurgent luxury car maker, which has its global headquarters at Whitley, in Coventry, is celebrating a record £1.5billion profit, partly driven by booming demand from China.


    The good news was welcomed by council and business leaders and unions representing the 5,000 workers employed at Coventry and Gaydon.

    Louise Bennett, chief executive of the Coventry and Warwickshire Chamber of Commerce, said the profits boost was positive news for the region.

    She said: “Jaguar Land Rover is a fantastic success story for Coventry and Warwickshire and it underlines the resurgence of our automotive sector.

    “Not only is it a wonderful achievement for Jaguar Land Rover it has a great knock-on effect for the supply chain in the region and beyond, which provides a massive boost for the economy.

    “It is also a great advert for UK plc and is an example to others – large and small – of how important it is to find new markets overseas.”

    The latest good news comes just two weeks after the firm announced a £1billion investment for its UK suppliers which will create a wealth of new jobs.

    Leader of Coventry council Coun John Mutton said he was delighted at the record figures.

    He added: “This justifies Jaguar Land Rover’s decision to keep Coventry as the main centre for design and research.



    Read More Jaguar Land Rover celebrates record £1.5bn profits - Coventry News - News - Coventry Telegraph
     
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  15. Blackwater

    Blackwater Veteran Member Veteran Member

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    Bastard goras dont even mentioned that this profit is due to Indian management .other wise under goras, this company was bank corrupt

    bloody goras fooling their own white shit people
     
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  16. Tolaha

    Tolaha Senior Member Senior Member

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    Tata Corus isn't doing that well. You want Indians to be blamed for that? :D


    An article that points out what made the Tatas click where Ford had failed: (published on Jan 2012)

    Business Line : Opinion / Columns : Tatas' unlikely golden goose

     

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