Tata Motors Ltd., Republic of India largest automaker by income, told Tuesday it swung to a first-quarter consolidated net income of 19.89 billion Indian rupee* ($432.3 million) from a loss of 3.29 billion rupees a year earlier.
Sales for the April-June time period jumped 64% to 268.76 billion Indian rupee* from 163.65 billion Indian rupee*, said the company which owns U.K-based deluxe car brands Jaguar and Land Rover.