Jaguar Land Rover Sales in U.S., Europe Weigh on Tata Profit

Tata unit’s sales in Europe fell 3.4%, North America 2.4%
Worldwide deliveries in the quarter grew at slower 3.5% pace

Attendees look inside a Jaguar Land Rover Automotive Plc 2018 Range Rover SVAutobiography sports utility vehicle (SUV) during a reveal event in Los Angeles, California, U.S., on Tuesday, Nov. 28, 2017. During the Los Angeles Auto Show, Land Rover will show several new editions from its Special Vehicle Operations factory, including the Range Rover SVAutobiography and the 2018 Range Rover Sport SVR and plug-in hybrid.Photographer: Patrick T. Fallon/Bloomberg

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By Sanjai P R

February 5, 2018 at 10:14 AM UTC

Updated on

February 5, 2018 at 10:36 AM UTC

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Jaguar Land Rover’s lower sales in the U.S. and Europe pulled down profit at parent Tata Motors Ltd.

Net income was 12 billion rupees ($187 million) in the quarter through December, Tata Motors said in a statement Monday. That compares with the 23.5 billion-rupee average of 15 analysts estimates compiled by Bloomberg. Profit before tax at its Jaguar Land Rover unit fell 25% to 192 million pounds ($271 million).