BENGALURU (Reuters) – India’s Tata Motors Ltd on Wednesday posted a smaller quarterly loss on improved sales volumes led by increased demand for its cars.
The Jaguar Land Rover parent reported a consolidated net loss of 9.45 billion Indian rupees ($115.95 million) for the quarter ended Sept. 30, compared with a loss of 44.42 billion rupees a year earlier.
($1 = 81.5000 Indian rupees)
(Reporting by Nallur Sethuraman and Anuran Sadhu in Bengaluru; Editing by Dhanya Ann Thoppil)
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