Tata Motors Q3 net profit triples on Jaguar Land Rover sales
Feb 10 2014 , Mumbai
Tata Motors said consolidated net profit for the October-December quarter was 48.05 billion rupees, compared to 16.3 billion rupees a year ago.
Analysts had expected an average profit of 33.89 billion rupees, according to Thomson Reuters I/B/E/S.
British luxury carmaker JLR, which Tata Motors bought in 2008, has been propping up profits at its parent for the past two years.