Tata Motors swings to profit but warns 'scorching' growth will cool

Jaguar Land Rover parent beats estimates for October-December earnings

20230125N JLR

Jaguar Land Rover turned profitable in the October-December quarter, helping drive Tata Motors to a group profit. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- Passenger car sales in India could moderate after last year's "scorching growth," a top Tata Motors executive said on Wednesday as the automaker reported a profit for the first time in two years.

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