Tata Motors today reported an over two-fold jump in its consolidated net profit for the quarter ended March 31 at Rs 6,234 crore.
The company had posted a net profit of Rs 2,637.52 crore in the corresponding period last year, Tata Motors said in a statement.
The consolidated net income during the fourth quarter also increased by 44.27% to Rs 50,907.90 crore from Rs 35,287.06 crore in the year-ago period.
For the entire 2011-12 financial year, Tata Motors consolidated net profit went up by 45.75% to Rs 13,516.50 crore from Rs 9,273.62 crore in the previous fiscal.
The consolidated net income in FY'12 stood at Rs 1,65,654.49 crore compared to Rs 1,22,127.92 crore in FY11, up 35.64%.
The company said Tata Sons Deputy Chairman Cyrus P Mistry was inducted to the Tata Motors board as a Director.