New Delhi, Aug. 12 -- Tata Motors Commercial Vehicles (TMCV) released its June-quarter performance on Wednesday after market hours, reporting a consolidated net profit of Rs.2,560 crore, led by mark to market gain on investments in Tata Capital.

The profit was 83.24% higher over Rs.1,397 crore in the same period last year. Sequentially, net profit also improved from Rs.1,793 crore reported in the March quarter.

Consolidated revenue from operations rose to Rs.20,576 crore during the quarter, compared with Rs.17,192 crore in the April-June period of the previous financial year, marking a growth of nearly 20%.

On the operating front, the company posted a 57.6% YoY jump in EBITDA to Rs.3,272 crore, with the EBITDA margin staying in double ...