Tata Motors reports consolidated net loss of Rs 8437 crore in Q1
3rd Aug 2020

Tata Motors has reported results for first quarter ended June 30, 2020.

The company has reported net loss of Rs 2190.64 crore for the quarter under review as against net loss of Rs 97.10 crore for the same quarter in the previous year. Total income of the company decreased 79.49% at Rs 2821.20 crore for Q1FY21 as compared Rs 13753.11 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to shareholders at Rs 8437.99 crore for the quarter under review as against net loss of Rs 3698.34 crore for the same quarter in the previous year. Total income of the company decreased by 47.69% at Rs 32589.59 crore for Q1FY21 as compared Rs 62302.98 crore for the corresponding quarter previous year.