Auto manufacturer Tata Motors announced a threefold increase (212%) in consolidated net profit at Rs 5,398 crore for the quarter ended June 2014 It was Rs 1,726 crore during the same quarter a year ago.
The consolidated revenue increased 38% to Rs 64,683 crore as against Rs 46,796 crore in June 2013.
The company made a forex gain of Rs 94 crore as against a forex loss of Rs 174 crore in the same period a year ago.
At the time of BSE's closing on Monday, the company's stocks were trading 3.3% higher at Rs 447.40 apiece.
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