The bottomline was also impacted by the rising finance cost and falling sales in China, its largest market.
The company reported exceptional items for the quarter including a charge of Rs 2,493 crore on account of the vehicles damaged in the Tianjin Port explosions.
On August 13, there was a series of explosions at Tianjin Port in China where the company has its largest godown.
"The process for finalising an insurance claim may take some months to conclude, so insurance and other potential recoveries will only be recognised in future period when paid or confirmed and have not been recognised in this period," Jaguar Land Rover CEO Ralf Speth told reporters here.
Tata Motors' consolidated net sales during the quarter stood at Rs 60,853.03 crore against Rs 60,163.99 crore in the year-ago period, up 1.14 percent.
Strong sales in Britain, Europe and North America helped offset weaker sales in China and other emerging markets for JLR, which helped the company, Ramakrishnan said.


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