Tata Motors reported a 56 percent fall in net profit to Rs 1,717 crore or Rs 17.17 billion ($268.3 million) for the January-March quarter, compared with Rs 3,918 crore or Rs 39.18 billion a year earlier.
Net sales rose 4 per cent to Rs 67,298 crore 672.98 billion.
Analysts had on average expected a profit of 40.95 billion rupees, according to Thomson Reuters Starmine.
Cyrus Mistry's 2-year report card at the Tata Group
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