| Tata Motors Q3 net up 9% at Rs602cr: Video |
| Our Web Bureau / Mumbai January 23, 2007 |
| CLICK HERE FOR VIDEO Tata Motors has posted a 9% increase in consolidated net profit at Rs 602.07 crore for the quarter ended December 31, 2006 (Q3FY07) when compared with Rs 550.67 crore for Q3FY06. According to an official release issued by the company to the BSE today, total income has increased to Rs 8186.31 crore for Q3FY07 from Rs 6142.69 crore for Q3FY06. On a standalone basis, the company has posted a net profit of Rs 513.17 crore for the quarter ended December 31, 2006 as compared to Rs 460.23 crore for the quarter ended December 31, 2005. Total income has increased to Rs 6971.16 crore for Q3FY07 from Rs 5243.22 crore for Q3FY06, the release said. Following is the press release issued by Tata Motors today: Tata Motors Q3FY07 consolidated net up 9% MUMBAI, January 23, 2007: Tata Motors revenue for the quarter ended December 31, 2006, on a stand-alone basis (net of excise) was Rs.6,956.84 crores an increase of 37% compared to Rs.5,074.86 crores in the corresponding quarter of 2005-06. Profit before Tax (PBT) was Rs.708.74 crores, an increase of 20% over Rs.591.77 crores in the previous year quarter. The PBT in the corresponding quarter of last year included a gain of Rs.164.30 crores on account of sale of shares of Telco Construction Equipment Company Limited, a subsidiary of the company. Net Profit was Rs.513.17 crores, an increase of 12% over Rs.460.23 crores for the corresponding period. The consolidated revenue (net of excise) was Rs.8,176.03 crores for the quarter ended December 31, 2006, an increase of 37%, compared to Rs.5,969.78 crores in the corresponding quarter of the previous year. The consolidated Profit after Tax (PAT) for the current year quarter is Rs.602.07 crores, an increase of 9%, compared to Rs.550.67 crores for the corresponding quarter for the previous year. The vehicle sales volume for the quarter was 1,41,827 units, compared to 1,11,228 units during the corresponding quarter last year, an increase of 28%. Nine Months, ended December 31, 2006 The company |
