Tata Motors reported 41.56 per cent rise in net profit at Rs 3,199.93 crore for the quarter ended June 30, 2017 against Rs 2,260.40 crore in the corresponding quarter last year.
Consolidated total income Tata Motors decreased 9.59 per cent year-on-year to Rs 59972.33 crore in Q1FY18 over Rs 66339.48 crore in Q1FY17.
Total income from operation of Jaguar and Land Rover slipped 10 per cent YoY to Rs 47,044.48 crore during the quarter under review. JLR had posted total income of Rs 52,395.15 crore in the same period last year.
Sales (including exports) of commercial and passenger vehicles for the quarter ended June 30, 2017, stood at 1,11,860 units, a de-growth of 11.8 per cent, as compared to the corresponding quarter last year, with M&HCV de-growth of 34.8 per cent YoY, LCV growth of 0.2 per cent YoY and passenger vehicles segment growth of 4.7 per cent YoY.