Tata Motors Ltd, India's largest automobile manufacture, said its consolidated net profit for the first quarter increased to Rs1,988.7 crore against the net loss of Rs328.8 crore for the same quarter last year.
During the June 2010 quarter, Tata Motors' total revenues rose to Rs27,090.1 crore, from Rs16,794 crore, said the company in a regulatory filing.
On standalone basis, the company reported net profit of Rs395.7 crore for the June quarter as compared to Rs513.8 crore. Its total revenues, on a standalone basis rose to Rs10,485.6 crore from Rs6,723.4 crore.
On Tuesday, Tata Motors shares closed 4.2% higher to Rs957 on the Bombay Stock Exchange, while the Sensex closed 0.4% down to 18,219 points.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
