Speed breaker ahead 
Wealth Insight|March 2017

Tata Motors' practice of capitalisivtg its product-development expenses could lead to heavy losses.

Ashish Jain
Speed breaker ahead 

The third-quarter results of Tata Motors jolted its investors, who were hypnotically looking at the growing JLR numbers. The company reported a fall of 96 per cent YoY in its consolidated profit, which dropped from ₹4,334 crore to ₹112 crore. But wait! This minuscule profit would actually look good if one took into account the fact that the company could have reported a big loss if it had not capitalised its product-development expenses.

Diese Geschichte stammt aus der March 2017-Ausgabe von Wealth Insight.

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Diese Geschichte stammt aus der March 2017-Ausgabe von Wealth Insight.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.