India's Tata Motors Passenger Vehicles posts quarterly profit fall
14/05/2026 12:00
May 14 (Reuters) - Indian carmaker Tata Motors Passenger Vehicles TAMO.NS posted a lower fourth-quarter profit on Thursday, as soaring raw material costs offset higher sales at its luxury JLR unit. The Range Rover SUV manufacturer posted a profit of 57.83 billion rupees ($603.89 million) for the quarter ended March 31, against 84.7 billion rupees a year earlier. ($1 = 95.7625 Indian rupees) (Reporting by Kashish Tandon in Bengaluru; Editing by Mrigank Dhaniwala) ((kashish.tandon@thomsonreuters.com; Mobile: +91 8800437922))
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