TATA MOTORS PASSENGER VEHICL posted a consolidated net loss of 55.31 billion rupees ($587.48 million) for the July-September quarter on Friday morning, driven by restructuring costs in India and the United Kingdom.
Tata Motors Posts Loss on JLR Costs
Tata Motors reported a second-quarter consolidated loss of 55.31 billion rupees due to restructuring charges at its Jaguar Land Rover unit. Revenue rose to 969.20 billion rupees despite ongoing margin pressures and operational headwinds.
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