Tata Motors Posts Second-Quarter Profit
Tata Motors reported a profit of 21.38 billion rupees, compared with a loss a year earlier. The report cited healthy commercial-vehicle demand amid strong freight and infrastructure activity.
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India's Tata Motors posts second-quarter profit on strong commercial vehicle demand
Tata Motors NSE:TMCV reported a quarterly profit on Friday, reversing a loss a year earlier. The automaker said healthy commercial-vehicle demand, amid strong freight and infrastructure activity, helped support the result. Its profit was 21.38 billion rupees ($225.19 million), compared with a loss of 10.21…