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VERIFIEDMint Companies·negative
Tata Motors PV profit plunges 79% as JLR weighs on India gains
AI Summary
- ·Tata Motors' profit plunged 79% due to JLR's performance.
- ·JLR's profit after tax fell 74% year-on-year to £66 million.
- ·JLR's operating profit margins declined by 120 basis points to 2.8%.