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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

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Rohit Suri, president and MD, JLR India, at the launch of the Range Rover Evoque, in Mumbai on Thursday (Photo: Kamlesh Pednekar)

Shally Seth Mohile Mumbai

3 min read Last Updated : Jan 30 2020 | 9:41 PM IST

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

Topics : Coronavirus Tata Motors

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