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Tata Motors reports 42% YoY increase in Q1 profit

On Wednesday, the Auto major Tata Motors has posted 41.56 percent rise in the net profit at Rs 3,199.93 crore for the quarter ended June 30, 2017 as compared to Rs 2,260.40 crore of the corresponding quarter of previous year.

The consolidated total income of the company has been declined 9.59 percent year-on-year to Rs 59972.33 crore in Q1FY18 against Rs 66339.48 crore of Q1FY17.

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