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Tata Motors Q3: Demand trends for JLR, impact of forex hedge loss eyed

Tata Motors is scheduled to report it December quarter earnings today. The result will be watched for current demand trends for JLR and outlook for key markets.

Tata Motors
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Satish Borwankar, the company's COO, also saw a sharp reduction in his allowances to Rs 1.3 million from Rs 8.2 million

Surbhi Jain New Delhi
Automobile major Tata Motors is scheduled to report it December quarter earnings today. The result will be watched for current demand trends for JLR and outlook for key markets.

Tata Motors posted a consolidated net loss of Rs 1,009 crore for the second quarter ended September 30, 2018, mainly due to a weak performance by its British arm Jaguar Land Rover (JLR). The company had reported a net profit of Rs 2,501.67 crore in the July-September quarter of 2017-18. Total revenue from operations had risen 3.3 per cent to Rs 72,112.08 crore as compared to Rs 69,838.68 crore in

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