Tata Motors Passenger Vehicles Ltd.

Tata Motors has reported results for the quarter ended December 31, 2013.

The Company has posted a net profit of Rs 1251.40 crore for the quarter ended December 31, 2013 as compared to net loss of Rs 458.49 crore for the corresponding quarter of the previous year. Company’s total Income, however declined by 9.16% to Rs 9757.72 crore for the quarter under review from Rs 10741.89 crore for the December quarter of previous fiscal.

On consolidated basis, the Group’s net profit after taxes, Minority Interest and Share of Profit of Associates grew close to three folds at Rs 4804.80 crore for Q3FY14 as compared to Rs 1627.50 crore for Q3FY13. Total Income has increased by 38.37% to Rs 64034.30 crore for December quarter from Rs 46278.14 crore for Q3FY13.

Tata Motors is India’s largest automobile company, is the leader in commercial vehicles in each segment, and among the top in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is also the world's fourth largest truck and bus manufacturer.