India's Tata Motors quarterly profit rises on boost from tax cuts
13/05/2026 11:52
May 13 (Reuters) - India's Tata Motors TATM.NS reported a 69.6% jump in fourth-quarter profit on Wednesday, led by strong tax-cuts driven demand for trucks and buses. The country's top commercial vehicle maker reported a profit of 24.06 billion rupees ($251.4 million) for the quarter to March 31, up from 14.19 billion rupees a year earlier. ($1 = 95.7050 Indian rupees) (Reporting by Kashish Tandon in Bengaluru; Editing by Harikrishnan Nair) ((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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