India's Tata Motors Passenger Vehicles posts quarterly profit fall as costs bite
13/08/2026 11:27
India's Tata Motors Passenger Vehicles posts quarterly profit fall as costs bite Aug 13 (Reuters) - Tata Motors Passenger Vehicles TAMO.NS posted a lower first-quarter profit on Thursday as rising raw material costs and supply chain constraints weighed on profitability.
The Punch and Nexon SUV-maker reported a consolidated net profit of 7.75 billion rupees ($81.20 million) for the April to June quarter, compared to 39.24 billion rupees a year earlier.
($1 = 95.4400 Indian rupees)
(Reporting by Saikeerthi in Bengaluru; Editing by Sonia Cheema)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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