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Tata Motors Passenger Vehicles Ltd.
BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
353.60
3.80 (1.09%) Tata Motors reports 40% increase in consolidated Q3 net profit
Date: 14-02-2012Country’s largest car maker, Tata Motors has reported fall of 57.65% in net profit for the quarter ended December 31, 2011 to Rs 173.67, against Rs 410.06 crore for the October-December quarter last fiscal. Total income, however, increased by 18.24% during the quarter under year review at Rs 13,337 crore against Rs 11,279.89 crore in the October-December quarter last fiscal.
On consolidated basis , the Group’s net profit rose by 40.49% to Rs 3,406 crore for the fiscal third-quarter ended December 31, 2011 from Rs 2,424.38 crore a year ago. Total income increased by 43.95% during the quarter under year review at Rs 45,260.26 crore against Rs 31,441.54 crore in the October-December quarter last fiscal.