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| Name | Symbol | Market | Type |
|---|---|---|---|
| Tata Motors Ltd | NYSE:TTM | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 25.14 | 0 | 01:00:00 |
From May 2019 to May 2024
By Anant Vijay Kala
NEW DELHI--Tata Motors Ltd. (500570.BY) said its profit halved last quarter, hurt by weak performance at both its home and Jaguar Land Rover operations.
The auto maker reported a net profit of 21.75 billion rupees ($319.5 million) in the three months ended March, down from INR43.36 billion a year earlier. Revenue rose 16% to INR912.79 billion.
Pretax profit at JLR, which contributes the bulk of Tata Motors' earnings, declined 46% to 364 million pounds ($488.9 million), while the pretax loss at Tata Motors' home operations narrowed 40% to INR4.74 billion.
Shares of Tata Motors closed 0.5% higher ahead of the results.
Write to Anant Vijay Kala at anant.kala@wsj.com
(END) Dow Jones Newswires
May 23, 2018 08:01 ET (12:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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