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India’s Tata Motors 4Q net more than doubles

India’s Tata Motors said net profit for the fiscal fourth quarter more than doubled, as emerging demand for its Jaguar Land Rover (JLR) vehicles offset lacklustre performance at its core domestic business.

The company, part of the software-to-steel Tata Group conglomerate, said consolidated net profit for the quarter ended March was INR62.5 billion (USD1.13 billion), as against INR26.23 billion from the same period a year previously.