ICICI Securities Ltd | Retail Equity Research Tata Motors' (TML) Q3FY17 results came in below our estimates. Consolidated revenues came in at | 67531 crore (down 4.3% YoY, up 2.5% QoQ), above our estimate of | 66696 crore. JLR's net revenue of 6537 million (mn) (up 13% YoY, 9.8% QoQ) was above our estimate of 6167 mn, with the beat attributable to higher than expected volumes. JLR wholesale volumes were at 152245 units (including China JV), up 1.2% YoY, 9.3% QoQ vs. our estimate of...