*TATA MOTORS 2Q NET LOSS 3.14B RUPEES VS 2.17B LOSS YR AGO*
*TATA MOTORS 2Q JLR PRETAX GBP65M*
*TATA MOTORS: JLR 2Q FREE CASH FLOW POSITIVE £463M
*TATA MOTORS 2Q REV. 535.3B RUPEES, -18% Y/Y, EST. 482.95B*
*TATA MOTORS 2Q HAD FOREX GAIN OF 4.33B RUPEES VS LOSS 1.16B
*TATA MOTORS 2Q OTHER INCOME 6.33B RUPEES, -5.9% Y/Y
*TATA MOTORS 2Q DEFERRED TAX GAIN 12.2B RUPEES
*TATA MOTORS: EXPECT A GRADUAL RECOVERY OF DEMAND AND SUPPLY
*TATA MOTORS: COMMITTED TO NEAR ZERO NET AUTO DEBT COMING YRS
*TATA MOTORS INDIA UNIT PLANS INR60B CASH IMPROVEMENT PROGRAM*
*JLR ON TRACK TO ACHIEVE GBP2.5B TOTAL SAVINGS TARGET FOR FY
*JLR SEES SALES, REV, AND PROFITABILITY RECOVERY CONTINUE IN 2H
*JLR: GRADUAL IMPROVEMENT IN SALES IS EXPECTED TO CONTINUE
*JLR: EXPECT RECOVERY IN SALES, REV., PROFITABILITY TO CONTINUE
*JLR COMMITTED TO ACHIEVING POSITIVE FCF IN FISCAL 2021/22