Homegrown auto major Tata Motors' April-June quarter net profit fell 30 per cent to Rs 326.11 crore.
The firm had earned a net profit of Rs 466.76 crore in the year-ago period, it said in a filing to the Bombay Stock Exchange.
Tata Motors' total income rose to Rs 7,244.05 crore for the quarter ended June 30, 2008 as against Rs 6,145.11 crore for the quarter ended June 30, 2007.
In late afternoon trade, shares of the firm were trading at Rs 420, up 5.85 per cent on the BSE.