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Tata Motors posts fourth consecutive quarterly profit as JLR sales jump | Business News
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Tata Motors posted a fourth consecutive quarterly profit on Thursday as higher sales of its luxury Jaguar Land Rover (JLR) cars boost margins.
The automaker’s consolidated net profit was 37.64 billion rupees ($452 million) in the July-September quarter.
That compared with a loss of 9.45 billion rupees a year before and a profit of 32.03 billion rupees in the previous quarter.
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