India's Tata Motors quarterly profit rises on boost from tax cuts
Source: Xinhua
India's Tata Motors (TATM.NS), opens new tab reported a 69.6% jump in fourth-quarter profit on Wednesday, led by strong tax-cuts driven demand for trucks and buses.
The country's top commercial vehicle maker reported a profit of 24.06 billion rupees ($251.4 million) for the quarter to March 31, up from 14.19 billion rupees a year earlier, News.az reports, citing Reuters.
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