Forex loss following the Brexit vote and the higher cost of production have knocked-off Tata Motors's quarterly profits by half. Operating profit (EBITDA) of the Standalone business for the quarter stood at Rs 588 crores with operating margin at 5.7% (margin calculated on revenue net of excise duty), the company said in a regulatory filing.
During the period, consolidated net revenues came in higher at Rs 66,005 crore compared with Rs 60,451 crore in the year-ago period. Net profits, however, came down to Rs 26 crore from Rs 290 crore a year ago.
"JLR unfavorably got affected this year due to the exchange rate".
Higher sales volumes both at the standalone business and the Jaguar and Rover unit were "more than offset by the adverse FX impact of Rs.2,296 crore and adverse commodity derivatives impact of Rs.167 crore", the company said in a statement.
On a standalone basis, all the segments put up a good show with medium & heavy commercial vehicles growing 7.8 per cent, light commercial vehicles 11.6 per cent and passenger vehicles rising 6.3 per cent year-on-year.
Men's Marathon: Eliud Kipchoge Wins, Galen Rupp Gets Bronze
He never finished higher than 14th at the NCAA cross country championships but won the USA Marathon Championships in 2015. He had finished fifth in the 10,000 metres in Rio after winning a silver medal in the event at the 2012 London Olympics.
Mylan says it will expand programs that lower EpiPen costs
Food and Drug Administration recently rejected applications by two others manufacturers (Teva and Adamis) to introduce products. It's unclear how the EpiPen savings cards will be given to customers or if there's a time limit on how long they can be used.
More disaster recovery centers opening in Louisiana
As of Monday, 3,075 Louisiana residents remained in emergency shelters as state and federal officials scrambled to find housing. The visit is a reminder of the political dangers and opportunities that natural disasters can pose.
The company also cited lower local market incentive in JLR business compared to the corresponding quarter last year and higher depreciation and amortisation expenses as against last year as reasons for the decline in consolidated profit.
The UK's largest auto manufacturer, Jaguar Land Rover's revenue surged in its latest quaterly results, highliting the investments that the company has made in new models and changes in the Chinese market.
Professor David Bailey, an automotive industry expert at Aston University, said: "Clearly the company is having to invest heavily in new products and technology".
Profit was helped by a one-time gain of 4.78 billion rupees in an insurance payment for damage caused to JLR cars in an explosion at Tianjin port in China previous year.
The Indian-owned auto giant said its Land Rover arm sold 100,900 vehicles in the 12 weeks to the end of June, up 4 per cent on a year ago, amid strong demand for the Discovery Sport, Range Rover Evoque and Range Rover Sport.
It's important to note that Facebook originally claimed its Trending Topics section was sorted by an algorithm. Topics will furthermore remain personalized based on a number of user preferences and interactions.
Facebook couldn't look even if it wanted to since WhatsApp messages are end-to-end encrypted with the encryption golden standard. You're likely to see more people you recognise or have some form of communication with in the "People You May Know" section.
Analysts say the flight showed North Korea has made progress in its push to be able to strike US forces throughout the region. But its development of reliable submarine-launched missiles would add weapons that are harder to detect before liftoff.
He said there was a need to identify the trouble mongers and also counselling the "misguided youth" against taking to violence. Around forty other people were injured in violent actions of Indian police and troops against the protesters.
When Corden pressed Spears about what the song is really about, Spears claimed to not actually know, that it's just a song. Britney even educated James on the not-kid-friendly topic of S&M;, unfortunately sans Rihanna .
The company has been working on revamping its stores and improving sales staff training to convert browsers into buyers. Non-GAAP EPS came in $0.57, up from $0.49 during the prior-year period and $0.14 better than analysts were expecting.
Bolt said achieving his " triple triple " - three consecutive Olympic golds in the 100m, 200m and 4x100m - will make him immortal. It was his slowest time in his three Olympic 100m finals, but it was fast enough to beat Justin Gatlin by.08 seconds.
Mongeluzzi , include 14 fans who were attending the concert and three workers at the BB&T; Pavilion along the Delaware Riverfront. Representatives for the stars and Live Nation have yet to comment on the case. "That's the setup, and that's the failure".
Cash offered by operating activities was $238.9 million in the first quarter, contrast to $307.0 million in the prior year. Smucker Company (The) is expecting Growth of 10.8% per annum, whereas in the past 5 years the growth was 5.17% per annum.
The country is known to not have a lot of things we take for granted- a democratic government, freedom of expression, internet. As Variety reports , citing NK News , the service runs on a dedicated streaming box similar to the Apple TV or Roku.
The U.S. blood donation system is massive with about one million units of blood collected from each month. Raoult Ratard, state epidemiologist said none of these cases are related to the recent flooding event.
In 2016, Tesla received almost 400,000 pre-orders for its Model 3 , which will have a consumer-friendly starting price of $35,000. Tesla has raised the bar once again with the next phase of the Model S and Model X, introducing the P100D package.
However, winning the group stage like in 2012 against the reigning Champions League winners won't be an easy feat to replicate. So we could have a North London derby in the Champions League? "It is a delightful group, equally hard and attractive".
Perse I/GCSE results have improved in each of the last five years and are now consistently some of the very best in the country. The figures show that close to 60 per cent of pupils achieved A* to C passes in five or more GCSEs, including English and maths.
In Dana Point, officials said mosquitoes have been collected in the Quail Run area and around Dana Point City Hall. Adding fish to circulate water in any backyard ponds, and clearing pond edges of debris and vegetation.
Rounding out the pre-show was Sheamus taking on Cesaro in the first of a best-of-seven series of matches. Owens: Actually, I think it was announced this afternoon that Sami's going to be on the kickoff show.
We are definitely looking forward to the release of Britney's Lifetime movie; a wonderful way to honor the pop princess. With all of this attention on the pop-star, Lifetime has chose to push a Britney Spears biopic into the 2017 schedule.
More information should be coming on Tuesday, given that this is when the entirety of the cast will be officially revealed. The reason why he revealed such a limited lineup is due to the fact that he was not allowed to divulge the entire lineup.
And this is exactly why his transfer was so much appreciated by millions of Manchester United fans across the globe. The former United assistant manager will face the club for the first time since leaving in 2013.
MacDonald will no doubt be pushed near the top of the list to face current Bellator welterweight champion Andrey Koreshkov. Reports say that MacDonald and the UFC were not able to come to an agreement regarding the fighter's contract.
Also speaking atthe press conference, Diaz welcomed the possibility of another rematch with McGregor, this time at 155 pounds. What should the UFC do with its biggest star next? McGregor did not end up retiring, but UFC did drop him from the card.
The value in this approach comes not only from seeing the league's evidence but also from preserving Harrison's responses. "If that's the case, then somebody could come out and say James Harrison is a pedophile", Harrison said .
The stolen pickup authorities said he was driving was a white 2002 GMC Sierra with the Minnesota license plate 107 KMT. Cruze also reported that the suspect Anderson had been located earlier and arrested in the rural area.