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Tata Motors Q1 Profit Falls 57% To Rs 2,236 Crore

NEWS WORLD INDIA | 0
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| August 26 , 2016 , 16:14 IST
TATAAIndia’s automaker Tata Motors on Friday reported a 57.25 per cent fall in its consolidated profit after tax to Rs 2,236 crore for the June quarter, according to ET report. The company said its consolidated revenues climbed to Rs 67,056 crore for the June quarter, compared with Rs 61,510 crores in the corresponding quarter last year, , driven by strong sales volume growth in all regions for Jaguar Land Rover (JLR) and continued growth in M&HCV and LCV segments. Among the company's segments, M&HCV grew by 7.8 per cent YoY, LCV segment 11.6 per cent YoY, Passenger vehicles 6.3 per cent YoY and car segment growth of 15.1 per cent YoY on the back of strong response to the recently launched Tiago. For all the latest news and updates from India and across the globe, follow us on @NewsWorldIN on Twitter and News World India on Facebook

Tata Motors Announces Its Foray Into Bolivian Commercial Vehicle Market | NWI

[…] by entering into a distribution agreement with local partner -- Bolivian Auto Motors. ALSO READ:Tata Motors Q1 Profit Falls 57% To Rs 2,236 Crore "We at Tata Motors understand our customers well and today have introduced class-leading products, […]