Tata Motors’ Q1 consolidated net loss widens to Rs 3679.66 crore
25th Jul 2019

Tata Motors has reported results for first quarter ended June 30, 2019.

The company has reported a net loss of Rs 97.10 crore for the quarter under review as compared to net profit of Rs 1187.65 crore for the same quarter in the previous year. Total income of the company decreased by 24.42% at Rs 13,753.11 crore for Q1FY20 as compared Rs 18,196.58 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported a net loss of Rs 3679.66 crore for the quarter under review as compared to net loss of Rs 1862.57 crore for the same quarter in the previous year. Total income of the company decreased by 7.43% at Rs 62,302.98 crore for Q1FY20 as compared Rs 67,306.06 crore for the corresponding quarter previous year.