At Tata Motors, consolidated total operating income for the quarter came in at Rs 79,611 crore, up 10.7% QoQ. Reported EBITDA for Q2FY23 was at Rs 8,718 crore with corresponding EBITDA margins at 11%, up 280 bps QoQ. Consolidated loss after tax was at Rs 945 crore
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Container volumes are expected to make a comeback (led by DFC normalisation, lower congestion and freight volatility expected in FY23E). GPPL expects to utilise capex on building warehouses and other opportunities. On a QoQ basis, bulk remains on a strong footing (up 40%) due to higher fertiliser volumes. Higher liquid volumes (up 9% YoY and flattish QoQ) was mainly due to higher contribution from LPG
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