Friday, February 11, 2011

Tata Motors net profit up 2.47 pc at Rs 410.06 cr in Q3

Auto major Tata Motors today said its net profit for the third quarter ended December 31, 2010 increased by 2.47 per cent to Rs 410.06 crore compared to Rs 400.14 million rupees for the period of the year past.

Total income rose 28.42 percent to Rs 11,524.96 crore for Q3FY11 as compared to R 8,974.30 crore in Q3FY10, Tata Motors said in a statement.

The Group posted a net profit of Rs 2424.38 crore for the quarter ended December 31, 2010 compared to Rs 650.26 crore for the quarter ending December 31, 2009, registering an increase of 272.83 percent.

Total revenue rose 22 percent to Rs 31695.10 million for the quarter ended Dec'10 compared to Rs 25,978.88 crore for the quarter ended Dec'09, it said.

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