India, May 10 -- Tata Motors has ended Q4 with a consolidated net profit of Rs.17,529 crore, a three-fold increase compared to the same quarter last year. The big jump in profit was possible due to yet another record-breaking quarter for Tata Motors' luxury car wing Jaguar Land Rover. The British carmaker contributed about two-thirds of Tata's consolidated revenue. Tata Motors said the Q4 results showed all three of its auto businesses have delivered a strong performance during the first three months of the year.

Tata Motors made the announcement today in a regulatory filing. The carmaker said the massive increase in profit was possible due to tax credit surge and strong sales at its luxury unit Jaguar Land Rover. Tata saw its consolidat...