Tata Motors Passenger Vehicles Ltd.
-1.85 (-0.55%) Tata Motors reports 71% growth in Q2 consolidated net profit
Date: 09-11-2013Tata Motors has reported results for the second quarter ended September 30, 2013.
The company has reported a net loss Rs 803.53 crore as compared to a net profit of Rs 867.11 crore in the same quarter previous year. Total income of the company has decreased by 35.74% at Rs 8944.64 crore for quarter under review as compared to Rs 13920.74 crore for the quarter ended September 30, 2012.
On the consolidated basis, the group has registered a growth of 70.71% in net profit after taxes, minority interest and share of profit / (loss) of associates at Rs 3541.86 crore as compared to Rs 2074.73 crore in the same quarter previous year. Total income of the group rose 30.97% to Rs 57114.37 crore for quarter under review as against Rs 43609.70 crore in corresponding quarter previous year.