After steering through a bumpy road last year, Tata Motors is very well on its way to ensure a profitable growth in the country. The company reported a consolidated net profit of Rs. 650 crore for the third quarter ended December
31, 2009 taking cue from the new product launches (Indigo Manza) and the benefits offered by the stimulus package.

However, the automaker reported a massive loss of Rs 2,598 crore in the corresponding period last year. As the Jaguar and Land Rover brands (JLR) are very well on track to make a speedy recovery, the company is expected move ahead on the highway. All thanks to the better market environment and sustained cost reduction efforts, the company's JLR business turned black during the quarter posting a net profit of Rs 416.95 crore.

According to Society of Indian Automobile Manufacturers (SIAM), the company sold 165,413 vehicles in the quarter registering a 67.5% growth over the same period last year. In fact, with Carl-Peter forester now on board as the Group CEO, industry watchers expect Tata Motors to become a global entity in the long-run.