Tata Motors Q3 Net Profit Triples on Jaguar Land Rover Sales

Newswire

* Q3 net 48.05 bln rupees vs 33.89 bln consensus * JLR sales, one time accounting gain propped up profit * JLR operating margin up 390 bps at 17.9 pct (Adds context, comment from CFO, more details on earnings) By Aradhana Aravindan MUMBAI, Feb 10 (Reuters) - Tata Motors Ltd, India's biggest automaker by revenue, saw third-quarter net profits triple to their highest in a year-and-a-half on strong demand for its luxury Jaguar Land Rover vehicles and a one-time accounting gain. British ...

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