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Tata Motors' net-debt-to-equity ratio at a decade high in FY21

Automaker has cumulatively raised nearly Rs 50,000 crore of fresh equity

Topics
Tata Motors | Jaguar Land Rover | JLR

Krishna Kant  |  Mumbai 



Tata Motors
Not surprisingly, Tata Motors had been one the biggest laggards among index stocks in recent years

Nearly 13 years after the acquisition of (JLR), continues to grapple in a bid to put its business on the path of sustained profitability. While its domestic business has lost money in 23 of the last 35 quarters, including the latest quarters, its British subsidiary has reported losses in seven of the last 13 quarters.

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First Published: Tue, August 03 2021. 06:01 IST

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