Tata Motors shares jump 5%

New Delhi: Shares of Tata Motors climbed nearly 5 per cent in morning trade on Friday, after the company reported a consolidated net profit of Rs3,783 crore for the September quarter, riding on robust performance by its British arm Jaguar Land Rover. The stock gained 4.49 per cent to Rs665.45 on the BSE. At the NSE, it climbed 4.64 per cent to Rs666. This is the fourth successive quarter of positive results for the homegrown auto major.

The Mumbai-based company had posted a consolidated net loss of Rs1,004 crore in the year-ago period. Total consolidated revenue from operations stood at Rs1,05,128 crore, as compared with Rs79,611 crore in the year-ago period.