Photo: Rediffmail
Tata Motors-Owned Jaguar Land Rover Announces 37% Drop In Quarterly Sales Due To Semiconductor Shortage
Tata Motors-owned Jaguar Land Rover noted a 37% drop in retail sales to 78,825 units in June quarter, owing to semiconductor shortage, COVID-19 lockdowns in China, and switch to new Range Rover Sport model. JLR, however, said its goods continue to be in high demand, with worldwide retail orders establishing new highs in the third quarter. The overall order book has expanded to about 2 lakh units by June 2022.
Tags: TATA Motors, Jaguar, Jaguar Land Rover, Sales Declined, Quarterly Loss
Courtesy: DNA INDIA
Photo: Zee Business
Vodafone-Idea Narrows Net Loss To Rs 4,532 Crore For Q3 Of FY2021
Vodafone-Idea has narrowed its loss to Rs 4,532 crore in the Q3 of FY21 after gaining Rs 2,118 crore by selling an 11.5% stake in Indus Towers to the merged Bharti Infratel-Indus Towers. Reportedly, the company posted Rs 7,218.5 crore net loss in the Q2 of FY21 and Rs 6,438 crore for the same period in the previous year. However, improving subscriber retention during the past quarter, the company has allowed raising to Rs 25,000 crore funds… read-more
Tags: VODAFONE IDEA, Net Loss, Quarterly Loss, Quarter 3
Courtesy: Live Mint
