14th Feb,2012,Tuesday
Tata Motors today reported 40.51 per cent jump in consolidated net profit to Rs 3,406 crore for the quarter ended December 31, 2011.
The company had posted a net profit of Rs 2,424 crore in the corresponding period last financial year, Tata Motors said in a statement.
The consolidated revenue during the third quarter also increased by 43.95 per cent to Rs 45,260 crore from Rs 31,442 crore in the year-ago period, it added.
Reacting to the numbers, shares of the company were trading 5.36 per cent up at Rs 272.10 apiece on the BSE in late afternoon.
Tata Motors today reported 40.51 per cent jump in consolidated net profit to Rs 3,406 crore for the quarter ended December 31, 2011.
The company had posted a net profit of Rs 2,424 crore in the corresponding period last financial year, Tata Motors said in a statement.
The consolidated revenue during the third quarter also increased by 43.95 per cent to Rs 45,260 crore from Rs 31,442 crore in the year-ago period, it added.
Reacting to the numbers, shares of the company were trading 5.36 per cent up at Rs 272.10 apiece on the BSE in late afternoon.
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KD
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