India's Tata Motors posts rise in profit on higher demand
India's Tata Motors posts rise in profit on higher demand Aug 12 (Reuters) - Tata Motors TATM.NS reported a higher quarterly profit on Wednesday, aided by demand from infrastructure, logistics and freight customers, which helped counter an uptick in commodity costs.
The automaker reported a net profit of 15.28 billion rupees ($160.29 million) for the April to June quarter, compared to 14.11 billion rupees a year earlier.
($1 = 95.3300 Indian rupees)
(Reporting by Saikeerthi in Bengaluru)
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