Tata Motors is positive about a stronger performance in Q3 due to the positive impact of the festive season.
Despite a decline in passenger vehicle registrations during Q2 FY25, the company is focused on increasing retail growth through new model launches and strategic marketing efforts.
The management has acknowledged the challenges faced in Q2, including inventory issues and the reduction of certain subsidies affecting electric vehicle sales.
In response, Tata Motors has adjusted its supply to maintain manageable stock levels.
However, early signs of demand recovery in Q3 are encouraging, suggesting a favorable outlook for the company.