Tata Motors' Q1 Net Profit Jumps 83% on Strong Sales, Iveco Acquisition Nears
· rediff.com
Commercial vehicle manufacturer Tata Motors Ltd reported an impressive 83 per cent increase in consolidated net profit, reaching Rs 2,556 crore for the first quarter ending June 30, primarily boosted by a significant mark-to-market gain on investments in Tata Capital Ltd.
Tata Motors Ltd has announced a remarkable 83 per cent surge in its consolidated net profit to Rs 2,556 crore for the first quarter, driven by robust vehicle sa...