JLR Owner Misses Profit Estimate Stung by Luxury Unit Weakness

Tata Motors Passenger Vehicles Ltd. reported fourth-quarter profit below analyst estimates due to weakness in Jaguar Land Rover operations, according to the company's earnings announcement. The UK luxury unit's underperformance offset strong vehicle sales in India during the period. Tata Motors did not provide specific profit figures or analyst consensus targets in the available statement.

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