Tata Motors Limited

(NYSE:TTM)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Mar 31, 2008	Mar 31, 2007
Operating revenue
Total Revenue	2,281,550	2,047,794
Operating Revenue	2,094,689	2,047,794
Adjustments To Revenue	—	—
Cost Of Sales	—	-38,325
Cost Of Sales With Depreciation	—	—
Gross Operating Profit	2,094,689	2,086,119
Operating Expenses
Research And Development Expenses	—	—
Selling General And Administrative Expenses	—	—
Advertising Expenses	—	—
Operating Income Before Depreciation	2,094,689	2,086,119
Operating Income	—	—
Depreciation	—	38,325
Depreciation Unreconciled	—	—
Amortization	—	—
Amortization Of Intangibles	—	—
Operating Income After Depreciation	2,094,689	2,047,794
Non Operating Expenses
Interest Expense	—	—
Pre Tax Income	2,094,689	111,950
Income Taxes	—	—
Minority Interest	—	—
Income Before Income Taxes	—	—
Net Income From Continuing Operations	84,478	111,950
Net Income From Discontinued Operations	—	—
Net Income From Total Operations	84,478	111,950
Non Recurring Events
Extraordinary Income Losses	—	—
Income From Cummulated Effect Of Accounting Changes	—	—
Income From Tax Loss Carryforward	—	—
Other Gains And Losses	—	—
Total Net Income	84,478	111,950
Normalized Income	84,478	111,950
NetIncome Available For Common	84,478	111,950
Preferred Dividends	—	—
Excise Taxes	—	—

	Mar 31, 2008	Mar 31, 2007	Mar 31, 2006	Mar 31, 2005
Operating revenue
Total Revenue	9,126,200	7,692,000	5,409,500	4,548,100
Operating Revenue	8,815,300	7,692,000	5,409,500	4,511,200
Adjustments To Revenue	—	—	—	—
Cost Of Sales	6,999,300	5,959,200	4,124,900	3,484,200
Cost Of Sales With Depreciation	7,193,800	6,112,500	4,256,300	3,597,100
Gross Operating Profit	1,816,000	1,732,800	1,284,600	1,027,000
Operating Expenses
Research And Development Expenses	247,500	139,600	104,800	58,100
Selling General And Administrative Expenses	1,092,700	826,600	597,800	462,100
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	475,800	766,600	582,000	506,800
Operating Income	592,100	613,300	450,600	430,800
Depreciation	194,500	153,300	131,400	112,900
Depreciation Unreconciled	—	—	—	—
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	281,300	613,300	450,600	393,900
Non Operating Expenses
Interest Expense	262,500	125,600	83,600	68,600
Pre Tax Income	531,200	625,200	471,100	429,300
Income Taxes	147,400	188,200	126,300	116,900
Minority Interest	28,700	16,700	7,400	8,400
Income Before Income Taxes	532,600	612,400	460,500	421,500
Net Income From Continuing Operations	355,100	420,300	337,400	304,000
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	355,100	420,300	337,400	304,000
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	355,100	420,300	337,400	304,000
Normalized Income	355,200	420,300	337,400	304,000
NetIncome Available For Common	355,100	420,300	337,400	304,000
Preferred Dividends	—	—	—	—
Excise Taxes	1,183,300	—	—	—