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Tata Motors shares jump after JLR sales boost profit

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Reuters MUMBAI
Last Updated : Aug 12 2014 | 10:15 AM IST

MUMBAI (Reuters) - Shares of Tata Motors Ltd , India's biggest automaker by revenue, jumped more than 6 percent after strong sales of its luxury Jaguar and Land Rover vehicles helped triple the company's first-quarter net profit.

Operating margins at its Jaguar Land Rover (JLR) unit rose to 20.3 percent from 15.8 percent a year ago. (Full story https://bsmedia.business-standard.comin.reuters.com/article/2014/08/11/tata-motors-ltd-results-idINKBN0GB0VG20140811)

(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)

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First Published: Aug 12 2014 | 10:07 AM IST

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