05-12-2022 04:37 PM | Source: Reuters
JLR owner Tata Motors posts smaller March-quarter loss
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BENGALURU - Jaguar Land Rover (JLR) owner Tata Motors Ltd reported a smaller loss for the fourth quarter on Thursday, benefiting from strong demand for the automaker's vehicles.
Consolidated net loss was 10.33 billion rupees ($133 million) for the quarter ended March 31, compared with 76.05 billion rupees a year earlier, when semiconductor shortages and supply chain disruptions hurt sales.
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