Tata Motors Passenger Vehicles Ltd.

Tata Motors has reported results for the first quarter ended June 30, 2013.

On standalone basis, the company has posted a surge of 242.49% in its net profit at Rs 703.26 crore for the quarter ended June 30, 2013 as compared to Rs 205.34 crore for the same quarter in the previous year. However, total income has decreased by 2.80% at Rs 10,725.05 crore for quarter under review as compared to Rs 11,033.48 crore for the quarter ended June 30, 2012.

On consolidated basis, the Group has posted a fall of 23.11% in its net profit after taxes, Minority Interest and Share of Profit of Associates at Rs 1,726.07 crore for the quarter ended June 30, 2013 as compared to Rs 2,244.91 crore for the same quarter in the previous year. However, total income has increased by 7.82% at Rs 46,966.95 crore for quarter under review as compared to Rs 43,562.21 crore for the quarter ended June 30, 2012.