Tata Motors reported a 63% YoY decline in consolidated net profit to ₹3,924 crore in Q1, hit by US tariffs, weak demand, and legacy Jaguar model phase-out. Revenue dipped 2.5%, and EBITDA fell nearly 36%, signaling profitability pressure.
Global Market: Apple supplier Lingyi’s shares up 6% in Hong Kong debut
Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3