Tata Motors Margins Not Sustainable: Prabhudas Lilladher
Surjit Arora, Auto Analyst at Prabhudas Lilladher says JLR's (Jaguar Land Rover) ebitda margins are likely to come down to 18.4 per cent for FY15 as against 20 per cent in the first quarter on the back of higher publicity expenses for their new product launches planned over next few quarters.
