Jaguar Land Rover Boosts Tata Motors' Profits

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Nov. 11 (Bloomberg) –- Bloomberg’s Tanvi Shukla reports on what’s moving markets in India. She speaks to Rishaad Salamat on Bloomberg Television’s “On The Move Asia.” (Source: Bloomberg)

Biggest carmaker.

Profits came in ahead of estimates by 20%. let's go to mumbai.

Good morning.

Will be looking out for tata motors.

Profits were expected to be good and have come much higher than what the estimate was.

They have not gone up significantly.

Why is this happening?

It is being pulled up and boosted by jaguar and land rover business.

Domestic business fell and declined by 29%. the losses are on a standalone basis.

Sales have remained consistent.

They are improving their marches.

Remember, they expanded by 300 basis points.

The improvement is because of the new products that were launched.

It is better than expected.

They were up by 66%. what is the company expecting going forward?

They are looking for newer geographies.

They have a plant in brazil.

They are looking to strengthen china.

There is some concern about the kind of slowdown that is happening.

How that market -- the entire product lineup is excited about the performance.

We could see this in the coming

This text has been automatically generated. It may not be 100% accurate.


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