Tata Motors on Tuesday 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 per cent 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 per cent to Rs 13,516.50 crore from Rs 9,273.62 crore in the previous fiscal.
The consolidated net income in FY12 stood at Rs 1,65,654.49 crore compared to Rs 1,22,127.92 crore in FY11, up 35.64 per cent.
The company said
Tata Sons Deputy Chairman
Cyrus P Mistry was inducted to the Tata Motors board as a Director.
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