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Tata Motors Q4 net jumps more than 2-fold at Rs 6,234 cr

The consolidated net sales rose 44% to Rs 50,610 cr

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 3:44 AM IST

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.

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First Published: May 29 2012 | 5:50 PM IST

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