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Tata Motors posts third-quarter loss

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Reuters

(Reuters) - India's Tata Motors Ltd on Thursday posted a loss for the third-quarter, hurt by an impairment charge for its luxury car unit Jaguar Land Rover.

The automaker's loss came at 269.93 billion rupees ($3.78 billion) for the three months ended Dec. 31, compared with a profit of 11.99 billion rupees in the year-ago period.

Revenue rose 5.8 percent to 762.65 billion rupees, the company said https://www.bseindia.com/xml-data/corpfiling/AttachLive/6a66769e-c86d-4a11-a44b-cd90e393c077.pdf. ($1 = 71.3400 Indian rupees)

(Reporting by Tanvi Mehta in Bengaluru; Editing by Himani Sarkar/Keith Weir)

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First Published: Feb 07 2019 | 4:07 PM IST

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