Tata Motors Ltd, leading auto major has clocked a jump of 58% in its fiscal first-quarter unconsolidated net profit which stood at Rs 5.14 billion.

In the similar period during previous fiscal, company's net profit figure stood at Rs 3.26 billion.

The company stated in a communiqué that its net sales plunged by 7.8% during the quarter ended June 30 to Rs 63.50 billion from Rs 68.87 billion a year earlier.

Tata Motors, which delivered its first Nano earlier this month, has informed that its standalone net profit increased to Rs 5.14 billion rupees from Rs 3.26 billion a year ago.

Stock of Tata Motors closed the day in positive territory at Rs 374, up 0.39% on Bomaby Stock Exchange (BSE).The counter clocked a volume of 2,082,054 shares on BSE.