Category: CRC
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India: Tata Motors optimistic after stellar Q3 FY ’21 performance
The auto major, Tata Motors Limited, has reported a 67.2% y-o-y jump in its consolidated net profit to INR 2,906.45 Cr for the quarter ended December, while its revenue rose by 5.5% to INR 75,653.8 Cr. The Indian business posted an expansion of 570 basis points in the operating margin to 6.8%, while JLR’s margins…