UPDATE 2-Tata Motors returns to profit on Jaguar Land Rover bounce

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By Sethuraman N R and Aditi Shah

BENGALURU, Jan 25 (Reuters) – Indian carmaker Tata Motors beat analysts’ expectations to post a profit for the first time in two years as improving semiconductor chip supplies and rising demand helped its luxury car unit Jaguar Land Rover (JLR) turn profitable.

Like others in the sector, Tata Motors and JLR have been struggling to navigate supply chain disruptions and shortages of critical semiconductor components since the onset of…

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