Tata Motors has posted a 30.3% increase in consolidated net profit at Rs 497.22 crore for the first quarter ended June 30, 2007 (Q1FY08) as compared to Rs 381.67 crore in Q1FY07.According to the release issued by Tata Motors to BSE today, total income, during the quarter, rose to Rs 7,644.87 crore from Rs 6,750.63 crore in Q1FY07.On a stand-alone basis, the company has posted a 22.2% increase in net profit at Rs 466.76 crore in Q1FY08 as against Rs 381.85 crore in Q1FY07. Total income rose to Rs 6,143.14 crore from Rs 5,835.47 crore.