India's Tata Motors Q4 net more than doubles

Newswire

MUMBAI, May 29 (Reuters) - India's Tata Motors said net profit for the fiscal fourth quarter more than doubled, as emerging demand for its Jaguar Land Rover (JLR) vehicles offset lacklustre performance at its core domestic business. The company, part of the software-to-steel Tata Group conglomerate, said consolidated net profit for the quarter ended March was 62.5 billion rupees ($1.13 billion), as against 26.23 billion rupees from the same period a year previously. Consolidated net profit, ...

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