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Tata Motors’ Q1 net profit up 42%

Thu, Aug 10 2017, 11:55 AM

The consolidated net profit of Tata Motors increased by around 42% to Rs 3,200 crore in the three-month period to June, aided by a one-time gain of Rs 3,609 crore from changes made to the pension plans at its Jaguar Land Rover unit. Revenues fell nearly 10% on a year-on-year basis.