Tata Motors has announced its quarterly results. The company's results for the quarter ended September have been weaker than expected. The company informed after the market closed that during this period the company's consolidated profit has come down to Rs 3343 crore, which was Rs 3764 crore in the same quarter a year ago. 

Tata Motors' consolidated income has come down from Rs 1.05 lakh crore to Rs 1.01 lakh crore year-on-year. While the estimate was Rs 1.03 lakh crore. It has been said that the slow sales of the company's luxury unit Jaguar Land Rover and commercial vehicle business have affected the automaker's revenue. Tata Motors has recorded an EBITDA of Rs 12,159 crore in the September quarter, which was Rs 13,767 crore in this quarter a year ago. The company's EBITDA margin has come down from 13.1 percent to 12 percent year-on-year. JLR's income decreased by 5.6% The company has informed that JLR's income has come down by 5.6 percent to 6.5 billion pounds in the September quarter. JLR's EBIT margin has come down by 0.9 percent to 5.1 percent. The company said that JLR's performance was affected due to supply. Share performance The company's stock closed at Rs 803.55 on Friday with a decline of 1.98 percent. In the last one year, the company's stock has seen a rise of 25.06 percent. The 52-week high of the stock is Rs 1,179.