India's TELCO Q2 net profit vs loss


NEW DELHI, Oct 30 (Reuters) - India's largest truck and bus maker, Tata Engineering & Locomotive Co Ltd (TELCO) , said on Wednesday it posted a second quarter net profit as vehicle sales surged. Bombay-based TELCO, also India's third-largest maker of cars and utility vehicles, said it had a net profit of 588 million rupees ($12.2 million) in July-September compared to a loss of 618.3 million rupees in the same year ago period. Net profit was more than double that of the previous ...

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