MUMBAI: India’s largest automobile manufacturer by revenues, Tata Motors reported an ‘operational loss’ of Rs 804 crore for the fourth straight quarter, even as its consolidated profit surged 71%, as demand expanded for its marquee brands Jaguar Land Rover in China and the US.Led by the strong showing of JLR , Tata Motors’ consolidated net profit for the September ending second quarter jumped to Rs 3,542 crore, beating analyst estimates. The consolidated revenues for the quarter jumped 31% to Rs 56,882.3 crore and the richer product and geographic mix swelled margins by over 280 basis points to 16.3%.Addressing the media, C Ramakrishnan, CFO, Tata Motors said: “Jaguar Land Rover continues to outperform in various parts of the world thanks to the good performance by the new Range Rover and the Jaguar F Type. Both wholesale and retail volumes were up 31.6% and 21.1%, respectively, and the margins too were healthy at 17.8% due to richer product and geographic mix.”JLR’s revenues for the quarter rose 40.3% to Rs 46,314.77 crore and profit after taxes jumped 66.1% to Rs 5,091 crore. The margin was healthy at 17.8%. The company says it will continue to invest in new products and new geographies to bring incremental growth. Closer home, Tata Motors continued to struggle, with over 50% decline in sales of passenger vehicles and a 25% fall in commercial vehicle sales. The company’s standalone revenues for Q2 declined 28.9% to Rs 8,868.5 crore. Margins nosedived 390 basis points to 2% resulting in the company posted a whopping loss of Rs 849 crore.The loss of Q2 in FY14 cannot be compared with the same period last year as Tata Motors received a handsome dividend of over Rs 1,400 crore.Ramakrishnan attributed the losses to a slowdown in economic activity, low level of transport freight & infrastructure activity, tight financing environment , frequent diesel price hikes.“The economic growth will remain subdued throughout FY 14, keeping sales of commercial vehicles under pressure and the competitive intensity to continue resulting in higher marketing costs,” added Ramakrishna.Going forward, Tata Motors plans to launch slew of new vehicles including a new hatchback and a sub 4-metre sedan in 2014 to bring in some excitement next year. Tata Motors on Friday also confirmed ET’s report on possibility of restructuring the international subsidiaries into TML holding. Ramakrishnan said, “We are trying to restructure, it is still under consideration, we are trying to restructure all our overseas companies into a single holding company structure.”Analysts polled by ET Now had estimated the global auto giant to report a net profit of Rs 3,100 crore.The company had reported a net profit of Rs 2,074.73 crore for July-September period of last year.Total income has increased from Rs 43,609.70 crore reported for the quarter ended September 30, 2012, to Rs 57114.37 crore for the quarter ended September 30, 2013.Tata Motors, part of the $100 billion Tata conglomerate, has become dependent on its U.K. unit to prop up profits. At home, passenger and commercial vehicle sales have suffered from an environment of high interest rates and fuel prices in an economy growing at its slowest pace in a decade.Shares of Tata Motors closed 1.2 per cent higher at Rs 385.