NEW DELHI: Automaker Tata Motors swung to profit in the fourth quarter ended March 31, 2019. The automaker reported a net profit of ₹1,117 crore while revenues declined 4% year-on-year to ₹86,422 crore.
Tata Motors had 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 ₹26,993 crore for the three months ended 31 December.