Tata Motors set for profitable ride, may report small gains in Dec quarter

Analysts expect company's standalone business to post profit in Oct-Dec after five quarters

The third quarter of this financial year could be a different ride for the standalone business of Tata Motors, the country’s biggest automaker by revenue.

The company’s standalone business, which gets over two-thirds of revenue from commercial vehicles, has been in the red for five consecutive quarters. Analysts, however, expect the company to report a small profit when it announces its performance for the October-December quarter in the first week of February. 

“We expect Tata Motors’ standalone to turn profitable in Q3 after several quarters of losses, helped by strong volume growth across all key segments (medium and heavy commercial