Tata Motors FY08 net up 6.03 % at Rs 2,028.92 cr

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New Delhi, May 28 (UNI) Tata Motors Ltd today said its net profit for the year ended March 2008 has increased 6.03 per cent to Rs 2,028.92 crore as compared to Rs 1,913.46 crore for last fiscal.

The company said in a statement that its total income for FY08 has gone up 5.4 per cent to Rs 29,214 crore from Rs 27,715.22 crore last fiscal.

The Group's net profit, on the consolidated basis, stood at Rs 2,167.70 crore for the year ended March 2008 as compared to Rs 2,169.99 crore for the year ended March 2007, recording a decline of 0.1 per cent.

Its FY08 total income jumped 10.5 per cent to Rs 35,918.96 crore whereas it was Rs 32,514.38 crore for FY07.

Tata Motors's Board of Directors has also recommended a dividend of Rs 15 per share on ordinary Shares for FY07-08.


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