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TATAMOTORS/RESULTS
RTXOX8F
May 29, 2009
Tata Motors Managing Director Ravi Kant prepares to reply to television cameras during a news conference...
Mumbai, India
Tata Motors Managing Director Kant prepares to reply to television cameras during a news conference in...
Tata Motors Managing Director Ravi Kant prepares to reply to television cameras during a news conference to announce its annual results in Mumbai May 29, 2009.Tata Motors Ltd, India's top vehicle maker, reported a smaller-than-expected 50.7 percent drop in full-year profit as sales picked up in the March quarter and raw material prices fell. An economic slowdown combined with higher borrowing costs and lack of adequate financing had put the brakes on auto sales in India for much of the fiscal year ended March. REUTERS/Arko Datta (INDIA TRANSPORT BUSINESS)
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