Reuters | May 30, 2012, 09.20AM IST
http://timesofindia.indiatimes.com/business/india-business/Tata-Motors-shares-drop-as-Q4-profit-disappoints/articleshow/13660116.cms
http://timesofindia.indiatimes.com/business/india-business/Tata-Motors-shares-drop-as-Q4-profit-disappoints/articleshow/13660116.cms
MUMBAI: Shares in Tata Motors dropped 6.1 percent in the pre-open trading session, after its January-March operating profits came in below estimates, with traders citing disappointment over margins at unit Jaguar Land rover.
A one-off tax gain also contributed to Tata's 139 percent quarterly profit leap, which came in spite of a lacklustre performance at its core domestic business.
A one-off tax gain also contributed to Tata's 139 percent quarterly profit leap, which came in spite of a lacklustre performance at its core domestic business.
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