Tata Motors Q1 Net Profit Drops 23%
August 07, 2013 at 07:03 AM EDT
India's Tata Motors (NYSE: TTM ) reported a 23% drop in its Q1 net profit. Tata Motors posted a quarterly consolidated net profit of 17.26 billion rupees ($283 million), down from 22.45 billion rupees, in the year-ago period. However, analysts were expecting a profit of 23.73 billion rupees. Its
