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Tata Motors posts third-quarter loss


(Reuters) - India's Tata Motors Ltd on Thursday posted a loss for the third-quarter, hurt by an impairment charge for its luxury car unit Jaguar Land Rover.The automaker's loss came at 269.93 billion rupees ($3.78 billion) for the three months ended Dec. 31, compared with a profit of 11.99 billion rupees in the year-ago period.Revenue rose 5.8 percent to 762.65 billion rupees, the company said ($1 = 71.3400 Indian rupees) (Reporting by Tanvi Mehta in Bengaluru; Editing by Himani Sarkar/Keith ...

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First Published: Thu, February 07 2019. 16:07 IST