Tata Motors profit drops 10% to Rs3,450cr on weak demand

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Tata Motors’ Q2 FY25 profit dropped by 10% to Rs 3,450 crore, falling short of analysts’ projections. This decline was driven by a 20% decrease in operating profit, impacted by aluminium supply issues and quality control holds at Jaguar Land Rover, along with sluggish demand in the commercial and passenger vehicle segments.