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Tata Motors reports net loss of ₹1,516 cr in Q3, 4.5% drop in revenues
short by Ashley Paul / on Monday, 31 January, 2022
Tata Motors posted a consolidated net loss of ₹1,516.14 crore for Q3 FY22 as compared with profit after tax of ₹2,906.45 crore in Q3 FY21. It also reported a 4.5% YoY decline in consolidated revenues to ₹72,229 crore. Overall, the company posted a consolidated operating profit of ₹7,400 crore and a fall of 460 basis points in margin to 10.2%.
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