Tata Motors Loss Widens To Rs 4,951 Crore In April-June

Home-grown auto major Tata Motors on Wednesday reported a consolidated net loss of Rs 4,951 crore in the quarter ended June 2022.

The company had posted a consolidated net loss of Rs 4,450 crore in the same quarter last fiscal, Tata Motors said in a regulatory filing.

Consolidated revenue from operations during the period under review stood at Rs 71,935 crore as against Rs 66,406 crore in the year-ago period, the company added.

On a standalone basis, Tata Motors reported a net loss of Rs 181 crore, putting up a better performance from a net loss of Rs 1,321 crore in the year-ago period.

Standalone revenue from operations stood at Rs 14,874 crore as against Rs 6,577 crore in the same period a year ago, the company said.

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