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Tata Motors Q1 profit rises 42% to Rs3,182 crore

LiveMint logoLiveMint 09-08-2017 Jessica Kuruthukulangara

Bengaluru: Tata Motors Ltd posted a 42% rise in quarterly profit on Wednesday.

Profit was Rs3,182 crore ($498.73 million) in the first quarter ended 30 June compared with Rs2,236 crore a year earlier, the company said.

The automaker, owned by the software-to-salt conglomerate Tata Group, said its total income fell about 10% to Rs59,972 crore. Reuters

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