Business is brisk in the home market but concerns about Jaguar and Land Rover remain. India's biggest auto company Tata Motors is now on a much firmer ground in its home market and seems to have regained pricing power. Tata Motors took a couple of price increases and as a result has managed to earn better per unit realisation on its vehicles. This has helped it post a strong operating profit margin (opm) in the September quarter. While revenues were up 13.2 per cent driven by a 12 per cent growth in volumes, the opm increased 200 basis points sequentially to 13.4 per cent. The better top line apart, the company has efficiently managed its inventories and raw materials purchases. In the September quarter, raw material costs, as a percentage of sales, came off by 120 basis points over the June 2009 quarter. The company has been talking of cost-cutting initiatives and it has clearly delivered on this front.