The consolidated revenue during the third quarter has also increased by 43.95 per cent to Rs 45,260 crore.
Mumbai: Tata Motors on Tuesday reported 40.51 per cent jump in consolidated net profit to Rs 3,406 crore for the quarter ended December 31, 2011. The company had posted a net profit of Rs 2,424 crore in the corresponding period last financial year, Tata Motors said in a statement.
The consolidated revenue during the third quarter also increased by 43.95 per cent to Rs 45,260 crore from Rs 31,442 crore in the year-ago period, it added.
Reacting to the numbers, shares of the company were trading 5.36 per cent up at Rs 272.10 apiece on the BSE in late afternoon.
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