Tata Motors has reported consolidated revenues (net of excise) of INR605.64bn (US$9.82bn) for the quarter ended 30 September 2014, growth of 6.5% over INR568.67bn for the corresponding quarter previous year, despite a "continuing weak operating environment".

The company said the weak operating environment was more than offset by an increase in wholesale volumes, richer product mix and market mix at Jaguar Land Rover (JLR).

The consolidated profit before tax for the quarter was INR56.71bn, a growth of 19.2% over INR47.56bn for the corresponding quarter previous year. The consolidated profit after tax (post minority interest and profit/loss in respect of associate companies) for the quarter was INR32.91bn, a de-growth of 7.1% over INR35.42bn for the corresponding quarter previous year.

The consolidated revenue (net of excise) for the half year ended 30 September 2014, was INR1.25tn posting a growth of 20.8% over INR1.04bn for the corresponding period previous year. The consolidated profit before tax for the half year ended 30 September 2014 was INR131.99bn, a growth of 71.7% over INR76.89bn for the corresponding period previous year. The consolidated profit after tax (post minority interest and profit / loss in respect of associate companies) for the half year ended 30 September 2014 was INR86.89bn, a growth of 64.9% over INR52.68bn for the corresponding period previous year. 

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