Tata Motors Q4FY18 PAT tanks 49.8 per cent

Tata Motors' consolidated revenue for the quarter came in at Rs 91279 crore, registering an increase of 15.9 per cent YoY. 

The revenue from Jaguar and Land Rover in the quarter rose almost 13 per cent and sales from Tata brand rose 27 per cent YoY. 

The EBITDA for the quarter rose by 3.7 per cent YoY to Rs 11250 crore, but the EBITDA margin for the quarter contracted by 145 bps and stood at 12.3 per cent. This margin contraction was due to higher input costs and other expenses in proportion to sales. 

The PAT for the quarter came in at Rs 2176 crore, a decline of 49.8 per cent YoY. This was mainly on account of impairment provision of Rs 1641 crore. 

Looking at the full year numbers, the company's revenue for FY18 rose 7.6 per cent to Rs 295,409 crore. Its EBITDA for the period surged 16.7 per cent YoY to Rs 34,526 crore with corresponding margin expansion of 90 bps. The EBITDA margin for the period stood at 11.7 per cent. Also, the net profit increased 18.6 per cent YoY to Rs 9091 crore.