Tata Motors announces Q2 net profit of Rs.441.72 Crores, up 30.73%

Tata Motors Ltd has announced the following Audited Results for the quarter ended September 30, 2006:

The Company has posted a profit after tax of Rs 4417.20 million for the quarter ended September 30, 2006 as compared to Rs 3378.70 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 48462.20 million for the quarter ended September 30, 2005 to Rs 66566.20 million for the quarter ended September 30, 2006.

The Consolidated Results are as follows:

The Group has posted a profit for the period of Rs 5364.40 million for the quarter ended September 30, 2006 as compared to Rs 3933.10 million for the quarter ended September 30, 2005. Total Income has increased from Rs 54881.30 million for the quarter ended September 30, 2005 to Rs 77977.10 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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