Picture of Tata Motors Passenger Vehicles logo

TMPV Tata Motors Passenger Vehicles News Story

0.000.00%
in flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapMomentum Trap

India's Tata Motors Passenger Vehicles posts quarterly profit fall

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))

Recent news on Tata Motors Passenger Vehicles

See all news