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Tata Motors FY 2008 Consolidated Net Profit at Rs 2167.7 Crores

Tata Motors Ltd has announced the Audited results for the year ended March 31, 2008.

The Company has posted a net profit of Rs 20289.20 million for the year ended March 31, 2008 as compared to Rs 19134.60 million for the year ended March 31, 2007. Total Income has increased from Rs 277152.20 million for the year ended March 31, 2007 to Rs 292140.00 million for the year ended March 31, 2008.

The consolidated results for the Year ended March 31, 2008: The Group has posted a net profit of Rs 21677.00 million for the year ended March 31, 2008 as compared to Rs 21699.90 million for the year ended March 31, 2007. Total Income has increased from Rs 325143.80 million for the year ended March 31, 2007 to Rs 359189.60 million for the year ended March 31, 2008.

The stock closed the day at Rs.634.75, up by Rs.8.15 or 1.30%. The stock hit an intraday high of Rs.644 and low of Rs.612.

The total traded quantity was 193669 compared to 2 week average of 114909.

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