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Tata Motors net falls 51%

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Tata Motors net falls 51%

India's automobile major Tata Motors Ltd reported a smaller-than-expected 50.7 percent drop in the annual profit while sales picked up in the March quarter and raw material prices fell. Addressing the media persons in Mumbai on friday, C Ramakrishnan, Chief Financial Officer of Tata Motors mentioned that exports of the company had dropped by around 38 percent.

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