Tata Motors posts Q3 PBT at Rs 1,350 cr, says coronavirus may dent profits

Revenue at JLR, the British arm, rose to £6.4 billion, up 2.8 per cent compared to the same period of 2018-19

Tata Motors reported a profit on a consolidated basis for the quarter that ended December 31.

The owner of Jaguar Land Rover (JLR) benefited from brisk growth in China sales for a sixth month in a row. Earnings also got a boost from better sales mix and a cost-saving 'Project Charge'.  

During the quarter, profit before tax was Rs 1,350 crore; the same period a year before had seen a loss before tax of Rs 29,228 crore. Net profit at the consolidated level at the end of these three months was Rs 1,756 crore, against a net loss of Rs