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Tata Motors Q1 loss doubles to Rs 3,680 crore on JLR woes

Tata Motors Ltd (TML) has nearly doubled its consolidated net loss in the June quarter, dragged down by woes at its Jaguar Land Rover (JLR) unit and a slowdown in the automobile industry in India. Tata Motors posted a net loss of Rs 3,680 crore in the quarter ended June, compared with a year-earlier loss of Rs 1,863 crore. The firm’s British luxury arm Jaguar Land Rover posted a pre-tax loss of 395 million pounds. 

Read More at Livemint News date : 26 Jul 2019, Friday

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