Tata Motors Returns to Profit With Rs.1,254 Crore Q2 Earnings
Tata Motors reported a profit for July-September as commercial vehicle sales rose 42%. The company also cited a smaller loss on equity investments in Tata Capital.
New Delhi, Oct. 23 — Tata Motors Ltd., India's largest commercial vehicle maker, returned to profit in the July-September quarter. Higher sales and a smaller loss on its equity investments in Tata Capital supported the improvement in its bottom line. The company said it expects to begin integrating Italian truck maker Ive…