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Tata Motors chairman N Chandrasekaran hopeful of JLR's profitability

The loss was at its till-now-cash-cow JLR, while the loss-making domestic unit reported a turnaround with Rs 18.80 billion in net income

N Chandrasekar
Tata Motors Chairman N Chandrasekaran | Photo: Kamlesh Pednekar

Tata Motors said on Friday it aims to deliver profits both at British marquee arm Jaguar Land Rover (JLR) as well as the domestic business. However, it remained silent on the future of the small car Nano that has been facing headwinds for long. The statement comes within days of the company reporting a Rs 18.64 billion net loss in the June quarter. The loss was at its till-now-cash-cow JLR, while the loss-making domestic unit reported a turnaround with Rs 18.80 billion in net income. "For the past many years JLR has been profitable while the domestic has not ...