Tata Motors Q2 profit soars, beats f'casts

Newswire

BOMBAY, Oct 29 (Reuters) - Tata Motors Ltd , India's largest truck maker, said on Wednesday quarterly profit soared 251 percent as truck industry sales soared, powered by rising government investment to build a national highway network. Tata Motors, part of India's second-largest business group, the Tatas, saw net profit rose to 2.07 billion rupees ($45.62 million) in the second quarter ended September 30, a company official told Reuters. That compared with a reported profit of 588.0 ...

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