Tata Motors reports consolidated net loss of Rs 9894 crore in Q4
16th Jun 2020

Tata Motors has reported results for the fourth quarter and year ended March 31, 2020.

The company has reported net loss of Rs 4871.05 crore for the quarter under review as compared to net profit of Rs 106.19 crore for the same quarter in the previous year. Total income of the company decreased by 47.31% at Rs 10001.79 crore for Q4FY20 as compared Rs 18981.21 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to shareholders of Rs 9894.25 crore for the quarter under review as compared to net profit of Rs 1117.48 crore for the same quarter in the previous year. Total income of the company decreased by 27.76% at Rs 63057.43 crore for Q4FY20 as compared Rs 87285.64 crore for the corresponding quarter previous year.

For the year ended March 31, 2020, the company has reported net loss of Rs 7289.63 crore as compared to net profit of Rs 2020.60 crore for the previous year. Total income of the company decreased by 36.86% at Rs 45311.22 crore for year under review as compared to Rs 71757.42 crore for year ended March 31, 2019.

For the year ended March 31, 2020, on the consolidated basis, the company has reported net loss attributable to shareholder of Rs 12070.85 crore as compared to net loss of Rs 28826.23 crore for the previous year. Total income of the company decreased by 13.40% at Rs 264041.12 crore for year under review as compared to Rs 304903.71 crore for year ended March 31, 2019.